Year-Round School Schedules and Residential Property Values

Year-Round School Schedules and Residential Property Values Debate concerning the advantages and disadvantages of year-round schedules surrounds quality of education and cost. The purpose of this article is to estimate the impact of different schedules on residential property values after controlling for school expenditures, quality of education, and neighborhood socioeconomic conditions. Furthermore, we explore the possibility that different size houses, based on the number of bedrooms, may experience a differential price impact to a year-round schedule. We find evidence that year-round schools may be more of a nuisance for nonparents than for families with children for the Clark County School District which includes Las Vegas, Nevada. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Journal of Real Estate Finance and Economics Springer Journals

Year-Round School Schedules and Residential Property Values

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2000 by Kluwer Academic Publishers
Subject
Economics; Regional/Spatial Science; Financial Services
ISSN
0895-5638
eISSN
1573-045X
D.O.I.
10.1023/A:1007841326833
Publisher site
See Article on Publisher Site

Abstract

Debate concerning the advantages and disadvantages of year-round schedules surrounds quality of education and cost. The purpose of this article is to estimate the impact of different schedules on residential property values after controlling for school expenditures, quality of education, and neighborhood socioeconomic conditions. Furthermore, we explore the possibility that different size houses, based on the number of bedrooms, may experience a differential price impact to a year-round schedule. We find evidence that year-round schools may be more of a nuisance for nonparents than for families with children for the Clark County School District which includes Las Vegas, Nevada.

Journal

The Journal of Real Estate Finance and EconomicsSpringer Journals

Published: Oct 16, 2004

References

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