When School Bells Lose Their Ring

When School Bells Lose Their Ring
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Contributed by: delia armstrong-busby on 4/29/2009

Reflections on the passing of your neighborhood schools...

New school buildings, new furnishings, great curb appeal. These are blessings coming with living in the newer parts of town --- often where the money is budgeted to put the new schools in place.

But watch out if you purchased your home in the older parts of your school district. You may find that your school district starts a process of neighborhood school deconstruction ---- which may mean a nightmare in some homes.

If you fail to live in the newer parts of town, you may find your school on the chopping block some time in the future.

Our property taxes don't go down immediately. But your neighborhood school services disappear. It can take about twenty-four to thirty six months for the value of your home to go down.

So, you keep paying the same prices for school taxes while neighborhood school services are reduced.

Yes, we hear this scenario is the right thing to do.

On the other hand, if your next move is out of the school district--- then what the school district says is a savings can be lost as the exodus away takes flight.

Picture neighborhood school fans flying the coop.