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Does backing up to a public elementary school have a negative impact on resale?

I am considering purchasing a home that backs up to a public elementary school and curious if it would have an affect on resale value.  The school does not bother me too much but hesitant because it may turn off many potential buyers.  There are a few trees between the school and the house so it's not a completely clear view of the school.  It is a highly ranked public school.  Thanks for your opinions!

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October 10 2012 - US
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Answers (6)

I would say it is Good though it does depend on the buyer -- would much rather have a buyer purchase a homes that backs to school than a street.
  
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October 10 2012
Profile picture for SoCal Engr
One of our friends had a house that backed onto a school's playground. It was a great extension of their backyard - though I was never there during school hours.
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October 10 2012
There is no clear answer to this question as everyone has their own opinion.  If the school has lighted fields, may be an issue.  The lights will shine in your windows and the fields will be used at night.  If not, then the school will only be used during the day and as mentioned below, if you work during the day away from the house, them there would not be an issue.  Many families with small children prefer to have a school so close that they can walk their children to school.

We live near a school, but do not back up to it.  We definitely enjoy walking to school in the morning.
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October 10 2012
A school nearby might be a good selling point for a potential client that has children enrolled at the school.  Also, its is an elementary school versus a High School or even a Middle School. 
I do not see the proximity being anymore of a negative than it is a positive.
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October 10 2012
Profile picture for wetdawgs
Some love it, some hate it.

Positives - no neighbors in back, so no neighbor issues to deal with and some degree of privacy.

Negatives - happy playground noises during school days.    This can get pretty loud depending on where the playground is vs the house.   Are you home during school days, trying to take a nap or help the baby sleep?   Or, do you tend to be working during school days?

 
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October 10 2012
Probably - and then, again - it is probably the reason that the price is attractive to you today.

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October 10 2012
 
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