Advertiser Disclosure

advertising disclaimer
Skip to main content
School zone

Pros and Cons of Living Right Near a School


[Updated: Sep 10, 2020 ] Mar 04, 2020 by Maurie Backman
Get our 43-Page Guide to Real Estate Investing Today!

Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.

*By submitting your email you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions.

If you're in the market for a new home, you may have certain criteria to check off your wish list -- things like a large kitchen, a finished basement, an attached garage, or proximity to amenities. And one of those nearby amenities could be a school.

But is living close to a school actually a good thing? In some cases, it can be, but there are drawbacks you'll need to be aware of as well.

Advantages of living near a school

If you don't have kids of your own (and don't plan to), living near a school could be a nuisance. But if you have kids, it really doesn't get more convenient than that. Many schools have limited parking, and busing isn't always an option (and is sometimes more of a hassle than driving, since buses can be notoriously late).

If you live within walking distance to a school, you'll have less of a hassle getting your kids there -- and you'll likely have the option to let them walk themselves if they're older, thereby making your own life easier.

Furthermore, living near a school gives you a great opportunity to network with other parents and build a social circle when you're new in town. All you need to do is flash a friendly smile as other parents walk by, and you could be well on your way to making additional friends.

Finally, a house near a school could be easier to sell -- especially if the school in question is highly rated. Many parents would be thrilled to be school-adjacent, which could mean unloading your house without worry and possibly commanding top dollar when you go to sell.

Drawbacks of living near a school

On the other hand, living right near a school has its disadvantages. For one thing, you can bet on seeing lots of traffic on your street when school is in session. And parking could become a virtual nightmare, making it difficult to receive deliveries or have guests visit your home.

Additionally, living near a school could mean grappling with lots of daytime noise. That could be problematic if you work from home or simply enjoy a quiet atmosphere.

Finally, a house near a school isn't always easy to sell -- sometimes it's harder to sell. Not everyone wants to be close to a school for the aforementioned reasons, so you could end up having a hard time unloading that home should the need or desire arise.

Is buying a home near a school the right move?

Ultimately, living near a school could be a positive thing, or it could be a decision you end up regretting. Think about the pros and cons, but also vet your other options in the neighborhood you're looking at. If the school-adjacent house you're interested in has certain features you can find in a property a few blocks away, it may be worth putting a little distance between your home and the throngs of children that grace that street every weekday.

Got $1,000? The 10 Top Investments We’d Make Right Now

Our team of analysts agrees. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month.

Find out how you can get started with Real Estate Winners by clicking here.

The Motley Fool has a disclosure policy.