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New High School build within 1500 feet of home. How badly will my property value drop?

New School Bond passed for 200 million to build High School.   Will take two years of planning and two years of construction.
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November 09 2013 - Maple Valley
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In my professional opinion, I would say this would be a good thing! The added bonus of having a home within walking distance to your front door seems like a great re-sale advantage for you! Best Wishes! 
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November 16 2013
This may not necessarily lead to a decrease in value. Buyers are sometimes willing to pay a premium in the range of 8-10% for a good school in the catchment area. However if the reputation of the school is not upto the mark, it has a corresponding downward decline in the property prices.
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November 16 2013
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How will affect traffic, noise and parking?

In other areas I've known very fine homes within 1500 feet of a high school that have great market value.
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November 09 2013
 
Related Questions
New High School build within 1500 feet of home. How badly will my property value drop?
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Latest answer by DebbieNateghi
November 16 2013 | 3 answers
  • Asked by ChrisMLHouse
  • In Schools
  • November 09 2013
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