That is a question that may be tough to answer and can vary by region, however, we do know from a recent Zillow survey that 91 percent of home buyers rank the quality of school districts as a key component to finding the right home. We know from real estate history that folks flock to buy homes in high performing school districts consequently driving up home prices. It’s simple supply and demand.
That is part and parcel to why the City of Coronado is a desirable place to live. In a world where the quality of our public schools seem to be dropping daily and private schools are increasingly expensive the Coronado Unified School District stands out as a high performer.
GreatSchools, a nationwide resource that provides school performance stats, assigned the Coronado Unified School District a 10 out of 10 with 81% of graduates eligible for the UC/CSU system.
According to Stan Humphries (not the former Chargers QB), the Chief Economist at Zillow, higher home values and school ratings increase concurrently in California but, for the most part, only when moving from a great school to an excellent one.
For example, Humphries writes that “jumping from a 5 to a 6 rated school district only requires a 9.9 percent increase in home value, compared to a 47.9 percent increase to move from an 8 to a 9 on the GreatSchools scale.”
As a homebuyer, this can be a good return on your home investment. By enrolling ones children in the Coronado school system a homeowner, in the short term, is saving a bundle by eliminating the need to pay for private school. In the long term they are virtually ensuring their children will be guaranteed a spot in the California State University system, as long as they work hard in high school, again a significant savings and quality value for families.
Does this mean you can’t find a strong public school off the island? Of course not. San Diego has lots of little gems out there. You just have to know where to look. We suggest talking to your network to find the best public schools out there.
One detail you should look for in your quest to identify a great school is parental involvement. Take a look at this opinion piece in Voice of San Diego for a deeper dive.
But, as two Coronado High School alum, we are slightly biased.
So, is it the high property values or the outstanding school system here that came first? Let us know what you think in the comments?
Take a look at the video we recently shot of Coronado Unified School District Superintendent Jeff Felix to learn why Coronado Unified stands out in San Diego County.
Thanks for reading and watching!
The Benzian Brothers, Whitney and Jake.