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PLEASE HELP ANYWAY YOU CAN; DONATIONS, MARKETING, FOOTWORK
Topic Started: Jan 12 2006, 10:45 AM (1,642 Views)
Rose
Principal
Well I guess it depends on what your values are. I bought my house in Livonia because of the school system (configurations, being able to walk to school, and the small schools). There are other cities I considered when purchasing a home, but the current school system in Livonia is what drew me here. My realtor was able to get top dollar when selling me my home because it was not just the home I was buying, it was also the school system. So I guess "affecting property values" depends on who you are talking to and what they value most when buying a home. I know their are a lot of people that have been drawn to Livonia because of the schools, as they are now.
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Administrator
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anothermom
Jan 18 2006, 05:47 PM
" The closing of these schools may lead to a drop in property values"

I think you should consider taking this off your list of "FACTS".  This is perhaps a fear, or a popular scare tactic, but you can not PREDICT a fact. 

Schools have closed for decades in Livonia, and property values have continued to rise.  Decline in the current market has much more to do with the state economy, so you can not attribute property value decline, say this spring to the LI.

I have been here for a year and a half now. The neighborhood school and no busses are the ONLY reason we moved to Livonia. I could have bought a cheaper house elsewhere. And with the economy this bad I think it is a serious mistake to hire 25 more bus drivers (whose salary is taken directly out of the classroom). Property value would not have dropped. It would have stayed stagnant because of the economy.
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Elisa
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Principal
We are putting up our sign this weekend. We have to leave by July. We are going 'by owner' first so we will be able to get comments directly. I will let you know what prospective buyers are saying and what types of questions they are asking. I feel we are fortunate as we still have our neighborhood school as a selling point.
I can tell you this; in the search for our new home, I am drawn to neighborhoods with schools in them. I find myself specifically seeking them out. Sometimes even finding an elementary and middle school in the same neighborhood-then I feel as though I have REALLY found something. I have seen some well performing schools but they tend not to make my list when I find an equally well performing(or almost equal) school within a neighborhood.
I know that it has been reported that home values are lower in neighborhoods without schools. It will be difficult here to separate the economy and the LI in terms of what has the larger impact on home values.
But one thing is for certain. Districts with lower standardized test scores significantly reduce the home prices within the community they reside. If the LI is fully implemented, I am certain that many will be watching those scores closely for the next several years.
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loyaltolivonia
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Principal
anothermom
Jan 18 2006, 05:47 PM
" The closing of these schools may lead to a drop in property values"

I think you should consider taking this off your list of "FACTS". This is perhaps a fear, or a popular scare tactic, but you can not PREDICT a fact.

Schools have closed for decades in Livonia, and property values have continued to rise. Decline in the current market has much more to do with the state economy, so you can not attribute property value decline, say this spring to the LI.

I think the fact should stay on the list. It says "MAY lead to a drop in property values" it doesn't say it WILL.

Just my 2 cents :P
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Momforone
Principal
It's just adding fuel to the fire. It is another objection to overcome. If someone wishes to market their home now I think they will feel the effects of the LI
The people north of 6 really have it tough. We do not have a neighborhood school @ all. Your right about the economy, it did slow the market down. In fact unless your home is exceptional your going to find it kind of tough, but when someone looks for information about the schools what do you think they are going to find or perceive. It's really sad that the LI has done so much damage to our community. The biggest problem I see is that it split our community. I really don't think it will be the same, at least not for this generation of elementary families.
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loyaltolivonia
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Principal
Momofone
Jan 18 2006, 09:16 PM
It's just adding fuel to the fire. It is another objection to overcome. If someone wishes to market their home now I think they will feel the effects of the LI
The people north of 6 really have it tough. We do not have a neighborhood school @ all. Your right about the economy, it did slow the market down. In fact unless your home is exceptional your going to find it kind of tough, but when someone looks for information about the schools what do you think they are going to find or perceive. It's really sad that the LI has done so much damage to our community. The biggest problem I see is that it split our community. I really don't think it will be the same, at least not for this generation of elementary families.

...........Never mind :lol:
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c3hull
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Principal
anothermom
Jan 18 2006, 05:47 PM
" The closing of these schools may lead to a drop in property values"

I think you should consider taking this off your list of "FACTS". This is perhaps a fear, or a popular scare tactic, but you can not PREDICT a fact.

Schools have closed for decades in Livonia, and property values have continued to rise. Decline in the current market has much more to do with the state economy, so you can not attribute property value decline, say this spring to the LI.

I did use the word "MAY" not "WILL"... lead to a drop in property values.

I will not try to explain how businesses and the world economy run on PREDICTIONS.

If you were at the CHS meeting that ran until 1:00am, you may recall the Wayne County Assessor explaining to the BOE that the LI would probably lead to a decline in property values. This has also been backed by many realators in Livonia.

Yes schools have been closing for years in Livonia, but there has never been a change in the elementary school grade configuration in addition to 7 schools closing in one year. Oh, I forgot to mention the extra transition, and elementary children being bussed up to 6 miles from their Livonia homes into Westland.
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Elisa
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Principal
The administration continues to discuss the LI in ambiguous terms. Remember, just last week Mrs. Alles told me that the frequency of specials previously outlined were only "possibilities" Declining home values certainly exist in the realm of possibility.
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for our kids
Principal
anothermom
Jan 18 2006, 05:47 PM
" The closing of these schools may lead to a drop in property values"

I think you should consider taking this off your list of "FACTS".  This is perhaps a fear, or a popular scare tactic, but you can not PREDICT a fact. 

Schools have closed for decades in Livonia, and property values have continued to rise.  Decline in the current market has much more to do with the state economy, so you can not attribute property value decline, say this spring to the LI.

anothermom; Tell me, if you're going to move to a city with school age children would you choose to live in a city where your children will be bussed for a minimum of 45 minutes each way to get to their school? Even though my home is 6 houses away from the elementary, would you still buy my house knowing that starting in 5th grade, you kids will ride across town to school, when there is a perfectly good school a 1/2 mile away??
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Administrator
Administrator
I don't think this has split the community that much. I have met only a few who like the proposal. And it isn't as if I ask them "Why do you hate the proposal?". Its usually someone I don't know talking about how bad it is.
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Anna Krome
Principal
It's been posted that a pricewaterhouse study was done on the real estate issue. 9.9% was the loss if your neighborhood school closes.

As C3Hull posted. Perception is everything when investing in a home. School location is a huge variable.

I've personally spoken to 3 real estate agents: Their advice was to MOVE before the LI debacle really hits the broader SE Mich. community.

I think it may already have based on the press coverage.

We are not moving, but we don't know what to do about our children. I am going to contact the principal at the new el we are to attend next year, to get her "personal" take on what is happening when our two schools merge.

Anna Krome
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loyaltolivonia
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Principal
Jimid
Jan 19 2006, 11:00 AM
I don't think this has split the community that much. I have met only a few who like the proposal. And it isn't as if I ask them "Why do you hate the proposal?". Its usually someone I don't know talking about how bad it is.

Yes! That's is what I was trying to say above, but couldn't make the words come out nicely :lol: In fact, I feel I have made some friends on this forum, maybe only with words and snappy avatars, but nice, intelligent people nonetheless!!!

Another proof that the community is not as split as some may feel is the fact that in our small area of the neighborhood, we have at least 5 families with children in LPS. 3 of us are definitely against the LI, 1 is for it and the other is indifferent. We are still good friends with the family that is for the LI. Whatever happens, I would NEVER let something like this ruin a friendship :P
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Anned66
5th Grade
There is still a good 50 percent of Livonia that could care less either way. They need to be reached.
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Momforone
Principal
50% of Livonia doesn't understand the LI and the effects it will have on our children and our community.
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amomof2
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Principal
Quote:
 
There is still a good 50 percent of Livonia that could care less either way. They need to be reached.

And there are many that do care about this but don't know where they can obtain information. I talked to someone yesterday that said she has been trying to find stuff out but isn't getting anywhere. I told her about the CFLF website and this one. She THANKED me!
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