Denver Realtor Reviews: How much do schools affect home prices in Denver?

Should home buyers in Denver care about schools? What about home buyers without kids? How much do schools affect home prices in Denver? Where are the best schools in Denver?

Denver Realtor Reviews: Realtor.com analyzes the importance of schools and home prices.

This Realtor.com article gives a great breakdown of the correlation between real estate prices and quality of shools.

http://www.realtor.com/advice/buy/the-right-school-district-how-much-do-schools-affect-real-estate-prices/

The Realtor.com article points out:

Consumers are willing to sacrifice certain things to live in the right school district. Some of Realtor.com’s survey results were surprising: One out of five buyers would give up a bedroom or a garage for a better school. One out of three would buy a smaller home. A full 51 percent would give up shopping for schools (maybe just the male half of the respondents).

Buyers are also willing to put their money where their mouths are. One out of five home buyers said they would pay 6 to 10 percent above their budget for the right school. One out of 10 would double that to 20 percent. Considering that number could be $100,000 in a lot of markets, it makes one wonder: How much investment in a school district is appropriate?

Denver Realtor Reviews: where are the best schools in and around Denver?

Where are the best schools in and around Denver?There are many opinions about which schools are the best schools and which school districts are the best school districts in and around Denver. I prefer to focus on elementary schools. In my experience, people make most of their moves to get into a sought after elementary school. And many times highly sought after elementary schools feed into highly sought after middle and high schools. There are 2 websites that I am aware of that rate schools in Denver and Colorado.

  1. ColoradoSchoolGrades.com
  2. GreatSchools.org

I do not believe the quality of schools is completely reflected in these websites. And I believe kids are different, can thrive and receive great educations in a variety of atmospheres, and have a variety of need. I think there are great faculty and teachers at many schools that are not at the top of the list. And if kids have special needs they may not find the best fit at highly rated schools. But we are not talking about the actual quality of schools or the actual education of our kids. What we care about for the purpose of this article is following the herd to maximize our real estate investment.

I used the following A rated elementary schools from ColoradSchoolGrades.com for this analysis. You can modify a personal search of homes for sale that list one of these A rated elementary schools as their default school here.

School Grade Rank Distance Address
HULSTROM OPTIONS K-8 SCHOOLElementary
Kindergarten – 8th Grade
A+ 1 of 1101
Elementary Schools
16.71 miles 11551 WYCO DRIVE
NORTHGLENN, CO 80233
(720) 972-2540
PARMALEE ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 13 of 1101
Elementary Schools
18.67 miles 4460 S PARMALEE GULCH
INDIAN HILLS, CO 80454
(303) 982-2801
BERGEN VALLEY INTERMEDIATE SCHOOLElementary
3rd Grade – 5th Grade
A+ 1 of 1101
Elementary Schools
23.65 miles 1422 SUGARBUSH DRIVE
EVERGREEN, CO 80439
(303) 982-2496
WILLOW CREEK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 19 of 1101
Elementary Schools
6.60 miles 7855 SOUTH WILLOW WAY
CENTENNIAL, CO 80112
(720) 554-4390
BRADFORD INTERMEDIATE SCHOOLElementary
4th Grade – 6th Grade
A+ 14 of 1101
Elementary Schools
15.04 miles 2 WOODRUFF
LITTLETON, CO 80127
(303) 982-2488
DRY CREEK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 1 of 1101
Elementary Schools
5.97 miles 7686 EAST HINSDALE AVENUE
ENGLEWOOD, CO 80112
(720) 554-4330
REDSTONE ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A+ 14 of 1101
Elementary Schools
9.26 miles 9970 GLENSTONE CIRCLE
HIGHLANDS RANCH, CO 80130
(303) 387-7730
PLATTE RIVER CHARTER ACADEMYElementary
Kindergarten – 8th Grade
A+ 14 of 1101
Elementary Schools
8.37 miles 4085 LARK SPARROW ST.
HIGHLANDS RANCH, CO 80126
(303) 221-1107
AURORA QUEST K-8Elementary
Kindergarten – 8th Grade
A+ 1 of 1101
Elementary Schools
4.55 miles 472 SOUTH WHEELING ST
AURORA, CO 80012
(303) 343-3366
BELLEVIEW ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 19 of 1101
Elementary Schools
3.20 miles 4851 SOUTH DAYTON STREET
GREENWOOD VILLAGE, CO 80111
(720) 554-4310
DENNISON ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A+ 21 of 1101
Elementary Schools
11.24 miles 401 INDEPENDENCE STREET
LAKEWOOD, CO 80226
(303) 982-2638
HERITAGE ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 1 of 1101
Elementary Schools
5.00 miles 6867 EAST HERITAGE PLACE SOUTH
CENTENNIAL, CO 80111
(720) 554-4350
SUPERIOR ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 12 of 1101
Elementary Schools
22.90 miles 1800 SOUTH INDIANA ST.
SUPERIOR, CO 80027
(720) 561-1410
PARKER CORE KNOWLEDGE CHARTER SCHOOLElementary
Kindergarten – 8th Grade
A+ 1 of 1101
Elementary Schools
13.16 miles 1161 NORTH PINE DRIVE
PARKER, CO 80138
(303) 840-0707
STECK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 1 of 1101
Elementary Schools
4.10 miles 450 NORTH ALBION STREET
DENVER, CO 80220
(720) 424-4387
MARSHDALE ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 14 of 1101
Elementary Schools
21.83 miles 26663 NORTH TURKEY CREEK ROAD
EVERGREEN, CO 80439
(303) 982-2518
SWIGERT INTERNATIONAL SCHOOLElementary
PK – 4th Grade
A+ 1 of 1101
Elementary Schools
6.66 miles 3480 SYRACUSE STREET
DENVER, CO 80207
(720) 424-4480
MEIKLEJOHN ELEMENTARYElementary
PK – 6th Grade
A+ 14 of 1101
Elementary Schools
17.93 miles 13405 W 83RD PL
ARVADA, CO 80005
(303) 982-2569
CHERRY HILLS VILLAGE ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 11 of 1101
Elementary Schools
3.55 miles 2400 EAST QUINCY AVENUE
CHERRY HILLS VILLAGE, CO 80110
(720) 747-7270
POLARIS AT EBERT ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 21 of 1101
Elementary Schools
6.91 miles 410 PARK AVENUE WEST
DENVER, CO 80205
(720) 424-4786
VANDERHOOF ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 74 of 1101
Elementary Schools
15.00 miles 5875 ROUTT COURT
ARVADA, CO 80004
(303) 982-2274
RUNYON ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 57 of 1101
Elementary Schools
7.54 miles 7455 SOUTH ELATI STREET
LITTLETON, CO 80120
(303) 347-7465
UTE MEADOWS ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 23 of 1101
Elementary Schools
12.88 miles 11050 WEST MEADOWS DRIVE
LITTLETON, CO 80127
(303) 982-2404
SADDLE RANCH ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
10.64 miles 805 WEST ENGLISH SPARROW TRAIL
HIGHLANDS RANCH, CO 80129
(303) 387-7640
CHERRY CREEK CHARTER ACADEMYElementary
Kindergarten – 8th Grade
A 39 of 1101
Elementary Schools
4.78 miles 6260 SOUTH DAYTON STREET
GREENWOOD VILLAGE, CO 80111
(303) 779-9898
CORY ELEMENTARY SCHOOLElementary
1st Grade – 5th Grade
A 27 of 1101
Elementary Schools
2.72 miles 1550 SOUTH STEELE STREET
DENVER, CO 80210
(720) 424-4838
WARDER ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
15.37 miles 7840 CARR DRIVE
ARVADA, CO 80005
(303) 982-2095
BUFFALO RIDGE ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 39 of 1101
Elementary Schools
14.04 miles 7075 NORTH SHOREHAM DRIVE
CASTLE ROCK, CO 80108
(303) 387-7557
SANDBURG ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 71 of 1101
Elementary Schools
5.91 miles 6900 SOUTH ELIZABETH STREET
CENTENNIAL, CO 80122
(303) 347-7467
COTTONWOOD CREEK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 31 of 1101
Elementary Schools
4.78 miles 11200 EAST ORCHARD AVENUE
ENGLEWOOD, CO 80111
(720) 554-4320
FRANKLIN ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 38 of 1101
Elementary Schools
5.85 miles 1603 EAST EUCLID AVE
CENTENNIAL, CO 80121
(303) 347-7450
COTTON CREEK ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 58 of 1101
Elementary Schools
15.12 miles 11100 VRAIN STREET
WESTMINSTER, CO 80030
(720) 972-2534
SLAVENS K-8 SCHOOLElementary
PK – 8th Grade
A 48 of 1101
Elementary Schools
2.69 miles 3000 SOUTH CLAYTON STREET
DENVER, CO 80210
(720) 424-4415
BROMWELL ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 29 of 1101
Elementary Schools
4.62 miles 2500 EAST 4TH AVENUE
DENVER, CO 80206
(720) 424-4933
ELDORADO K-8 SCHOOLElementary
Kindergarten – 8th Grade
A 23 of 1101
Elementary Schools
22.05 miles 3351 SOUTH INDIANA STREET
SUPERIOR, CO 80027
(720) 561-1440
BRADLEY INTERNATIONAL SCHOOLElementary
PK – 5th Grade
A 81 of 1101
Elementary Schools
1.30 miles 3051 SOUTH ELM STREET
DENVER, CO 80222
(720) 424-4946
DEVINNY ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 28 of 1101
Elementary Schools
12.37 miles 1725 SOUTH WRIGHT STREET
LAKEWOOD, CO 80228
(303) 982-2920
PECK ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 49 of 1101
Elementary Schools
14.09 miles 6495 CARR STREET
ARVADA, CO 80004
(303) 982-2059
WILLIAM (BILL) ROBERTS K-8 SCHOOLElementary
PK – 8th Grade
A 61 of 1101
Elementary Schools
5.64 miles 2100 AKRON WAY
DENVER, CO 80238
(720) 424-4264
LINCOLN ELEMENTARY SCHOOLElementary
PK – 6th Grade
A 78 of 1101
Elementary Schools
4.70 miles 710 SOUTH PENNSYLVANIA STREET
DENVER, CO 80209
(720) 424-4599
WEST WOODS ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
18.51 miles 16650 WEST 72ND AVENUE
ARVADA, CO 80007
(303) 982-2564
WILDER ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 50 of 1101
Elementary Schools
8.58 miles 4300 WEST PONDS CIRCLE
LITTLETON, CO 80123
(303) 347-7475
NORTHRIDGE ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 70 of 1101
Elementary Schools
8.87 miles 555 SOUTH PARK ROAD
HIGHLANDS RANCH, CO 80126
(303) 387-7652
PEAKVIEW ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 60 of 1101
Elementary Schools
8.34 miles 19451 EAST PROGRESS CIRCLE
CENTENNIAL, CO 80015
(720) 886-6310
MITCHELL ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 55 of 1101
Elementary Schools
18.52 miles 200 RUBEY DRIVE
GOLDEN, CO 80403
(303) 982-2587
LONE TREE ELEMENTARYElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
9.13 miles 9375 HERITAGE HILLS CIRCLE
LONE TREE, CO 80124
(303) 387-7025
COYOTE HILLS ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 80 of 1101
Elementary Schools
12.10 miles 24605 E DAVIES WAY
AURORA, CO 80016
(720) 886-6390
GREENWOOD ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 61 of 1101
Elementary Schools
3.73 miles 5550 SOUTH HOLLY STREET
GREENWOOD VILLAGE, CO 80111
(720) 554-4340
PINE RIDGE ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 61 of 1101
Elementary Schools
12.22 miles 6525 S. WHEATLANDS PARKWAY
AURORA, CO 80016
(720) 886-6880
CHEROKEE TRAIL ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 94 of 1101
Elementary Schools
11.70 miles 17302 CLARKE FARMS DRIVE
PARKER, CO 80134
(303) 387-7812
PROSPECT VALLEY ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 85 of 1101
Elementary Schools
13.24 miles 3400 PIERSON STREET
WHEAT RIDGE, CO 80033
(303) 982-2753
ACADEMY CHARTER SCHOOLElementary
Kindergarten – 9th Grade
A- 83 of 1101
Elementary Schools
19.70 miles 1551 PRAIRIE HAWK DRIVE
CASTLE ROCK, CO 80104
(303) 660-0488
LOIS LENSKI ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A- 94 of 1101
Elementary Schools
4.83 miles 6350 SOUTH FAIRFAX WAY
CENTENNIAL, CO 80121
(303) 347-7457
DENVER LANGUAGE SCHOOLElementary
Kindergarten – 5th Grade
A- 91 of 1101
Elementary Schools
3.79 miles 451 NEWPORT STREET
DENVER, CO 80220
(303) 468-8322
MOUNTAIN VIEW ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A- 101 of 1101
Elementary Schools
19.03 miles 12401 PERRY STREET
BROOMFIELD, CO 80020
(720) 972-2552
GOVERNOR’S RANCH ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 94 of 1101
Elementary Schools
10.83 miles 5354 SOUTH FIELD STREET
LITTLETON, CO 80123
(303) 982-2462
GREEN GABLES ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 90 of 1101
Elementary Schools
10.04 miles 8701 WEST WOODARD DRIVE
LAKEWOOD, CO 80227
(303) 982-2831
FAIRMOUNT ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 85 of 1101
Elementary Schools
16.64 miles 15975 WEST 50TH AVENUE
GOLDEN, CO 80403
(303) 982-2542
WESTRIDGE ELEMENTARY SCHOOLElementary
PK – 6th Grade
A- 85 of 1101
Elementary Schools
11.96 miles 10785 WEST ALAMO PLACE
LITTLETON, CO 80127
(303) 982-2397
PRAIRIE HILLS ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A- 93 of 1101
Elementary Schools
19.31 miles 13801 GARFIELD PLACE
THORNTON, CO 80602
(720) 972-2878

Denver Realtor Reviews: do homes that go to “good” schools in and around Denver cost more than average?

  • In 2015 the average home price was $515,557 for homes with “good” schools vs $360,125 for the MLS homes in the same region. That is a difference of 43%.
  • In 2015 the median home price was $425,500 for homes with “good” schools vs $310,000 for the MLS homes in the same region. That is a difference of 37%.

But maybe that number is skewed by the size of the homes selling with “good” schools. What is the difference in price per square foot?

  • In 2015 the average price per total square foot was $233 for homes with “good” schools vs $174 per total square foot for the MLS homes in the same region. That is a difference of 34%.

So homes with “good” schools are worth more, that is no surprise. They will cost more to purchase and will earn more when you sell. Do the prices of homes with “good” schools appreciate faster?

Denver Realtor Reviews: do the prices of homes with “good” schools appreciate faster?

The median price of homes with “good” schools increased from $384,000 in 2014 to $425,000 in 2015. That is an increase in the median price of 11%. The average price of homes with “good schools increased from $482,213 in 2014 to $514,487 in 2015. That is an increase in the average price of homes with “good” schools of 7%.

The median price of homes in the MLS region increased from $274,000 in 2014 to $310,000 in 2015. That is an increase of 13%. The average price of homes in the MLS region increased from $324,021 in 2014 to $359,577 in 2015. That is an increase of 11%.

In the last year at least, it is interest to find that homes with “good” schools in and around Denver appreciated slower that MLS homes in the same region.

Homes for sale that list one of these A rated elementary schools as their default school.

Modify a personal search of homes for sale that list one of these A rated elementary schools as their default school here.

The most recent listings of homes for sale that list one of these A rated elementary schools as their default school are below.

 

New To Site
$750,000
MLS# 5157457
Active
2247 E 12th Ave
Denver, CO 80206
5 BR | 3 BA | 3,076 Sqft | Income
3 unit conversion of a formerly large home in a premier area near the Botanic Gardens. Basement Garden Level Unit has an amazingly huge, and exclusive (to the unit) outdoor space, that no one would ever expect to find in a one bedroom unit (more...)
MB PEOPLES PREF
New To Site
$1,250,000
MLS# 4895004
Active
19761 W 95th Pl
Arvada, CO 80007
6 BR | 7 BA | 6,270 Sqft | Detached Single Family
Sophistication in modern luxury on a BREATHTAKING ½ acre lot! Featuring sweeping mountain views that become the backdrop for nearly every room. This home rivals ANY featured Parade of Homes. Outdoor living space with waterfalls, fire (more...)
RE/MAX ALLIANCE
New To Site
$599,900
MLS# 8155637
Active
2931 Castle Peak Ave
Superior, CO 80027
4 BR | 3 BA | 2,772 Sqft | Detached Single Family
Spectacular Flatiron and snow-capped views will impress you the moment you enter the front door of this warm and inviting Rock Creek home. The open concept floorplan allow all the spaces to flow together for easy everyday living and effor (more...)
RE/MAX of Boulder
New To Site
$850,000
MLS# 3789614
Active
9691 E Caley Cir
Englewood, CO 80111
3 BR | 3 BA | 4,147 Sqft | Detached Single Family
Beautiful up to date home in the highly sought after Sterling Heights neighborhood. This beautiful home is next to an open space and only has one neighbor with a private fenced backyard. Come walk through this open layout with lots of windo (more...)
WESTSTAR MANAGEMENT CORP
New To Site
$379,000
MLS# 4945372
Active
8488 Grand Peak Vista Pt
Colorado Springs, CO 80920
3 BR | 3 BA | 2,998 Sqft | Attached Single Family
Beautiful nearly new home featuring main level living and stunning Pikes Peak views. This home boasts gorgeous dark wood laminate flooring, neutral paint colors, custom fireplace as well as custom lighting and built-ins throughout. Open con (more...)
Keller Williams Clients Choice Realty
New To Site
$659,422
MLS# 8405501
Active
819 Widgeon Dr
Longmont, CO 80503
3 BR | 4 BA | 2,810 Sqft | Detached Single Family
One of the Last West Facing Walkout Basement options available! Low Maintenance Living by Boulder Creek Neighborhoods at Denio West. Located at 9th Ave and Hover St., this ranch style patio home includes a finished walkout basement and is (more...)
WK Real Estate
New To Site
$179,000
MLS# 4786216
Active
1355 Gaylord St
Denver, CO 80206
1 BR | 1 BA | 456 Sqft | Income
This listing is for 1355 Gaylord Street, Unit #12. Come see this rare Cheesman Park condominium opportunity before it is gone! Located just blocks from Cheesman Park and surrounded by popular bars and restaurants, this is a tenant's dream. (more...)
Calibrate Real Estate LLC
New To Site
$179,000
MLS# 3130405
Active
1355 Gaylord St, Unit 12
Denver, CO 80206
1 BR | 1 BA | 456 Sqft | Attached Single Family
Come see this rare Cheesman Park condominium opportunity before it is gone! Located just blocks from Cheesman Park, this location is in high demand. Surrounded by popular restaurants and taverns, there is something for everyone. This 1 be (more...)
Calibrate Real Estate LLC
New To Site
$1,200,000
MLS# 4148455
Active
3224 S Ash St
Denver, CO 80222
5 BR | 5 BA | 5,877 Sqft | Detached Single Family
Classic in style and exuding timeless elegance, this beautiful home is the epitome of regal European-style. From timber features to open-plan living and quality fittings, this is a home ready for those who prefer the finer things in life. T (more...)
Kentwood Co at Cherry Creek
Open House Nov 25th
$815,000
MLS# 5320274
Active
29972 Troutdale Ridge Rd
Evergreen, CO 80439
4 BR | 4 BA | 3,454 Sqft | Detached Single Family
Rarely available single family home within private Troutdale adjoining Dedise Park, bike path and single track trails. Just a short walk to Evergreen Lake or downtown. Bright open lofted traditional contemporary floor plan with many wind (more...)
8z Real Estate
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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than Brokers Guild are marked with the IDX Logo. This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. See Disclaimer Listing Data last updated: November 20, 2018 05:00 MST Service by Buying Buddy IDX CRM

 


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