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June 20, 2007

School Basics: Reading, Writing, Arithmetic, Real Estate

CJ Hughes:

Not surprisingly, then, towns with blue-ribbon public school systems — like Greenwich, Fairfield and West Hartford — have consistently commanded some of the higher home prices in the state.

But prices within a town can fluctuate, even by neighborhood, based on the strength of the local elementary school, according to a new study by seven professors and students at Trinity College.

The study examined the relationship between grade-school test scores and home prices in West Hartford’s 11 elementary school districts, and found that as one climbed, so did the other, in specific and predictable increments.

Posted by Jim Zellmer at June 20, 2007 12:02 AM
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