Comments on: Test Scores and Home Prices http://www.amybergquist.com/blog/2008/07/21/test-scores-and-home-prices/ News and views about real estate in Greater Hartford Thu, 20 Nov 2008 13:46:30 +0000 http://wordpress.org/?v=2.6.1 By: WHTalk http://www.amybergquist.com/blog/2008/07/21/test-scores-and-home-prices/#comment-5485 WHTalk Wed, 23 Jul 2008 12:05:02 +0000 http://www.amybergquist.com/blog/?p=552#comment-5485 OOPs that was a typo.... let's try again and clarify .... Amy B. This is a wonderful post and thanks for doing this analysis. The question is are the home prices higher because of higher scores or because of location location location? Conversely, are the home prices lower because of lower scores or because of location location location? There is clearly a difference between the location and condition of properties compared between say Avon or New Britain. The housing stock is really different when you compare these places in this graph above too. The learning corridor schools should be bringing up scores and subsequently home values. Are they? How do the prices of homes look around the better schools in Hartford? or in New Britain? It is certainly all very thought provoking. A regression analysis would be quite interesting. OOPs that was a typo…. let’s try again and clarify …. Amy B. This is a wonderful post and thanks for doing this analysis. The question is are the home prices higher because of higher scores or because of location location location? Conversely, are the home prices lower because of lower scores or because of location location location? There is clearly a difference between the location and condition of properties compared between say Avon or New Britain. The housing stock is really different when you compare these places in this graph above too. The learning corridor schools should be bringing up scores and subsequently home values. Are they? How do the prices of homes look around the better schools in Hartford? or in New Britain? It is certainly all very thought provoking.

A regression analysis would be quite interesting.

]]> By: Amy http://www.amybergquist.com/blog/2008/07/21/test-scores-and-home-prices/#comment-5418 Amy Mon, 21 Jul 2008 18:38:58 +0000 http://www.amybergquist.com/blog/?p=552#comment-5418 Unfortunately it's very hard to track housing data by specific school because agents don't always complete the data field for schools. I tried this last year and it was a very tedious exercise. Additionally, many schools are fed by a lottery system, so looking at the "better schools" in a town may not tell a relevant story because the children come from all over the town/city, not from the school's neighborhood. I also do not know the answer to why home prices are higher in some towns versus others. I'm sure it is some combination of location, test scores, and socio-economic conditions. I wasn't kidding when I asked if anyone wanted to run a regression analysis. :) Unfortunately it’s very hard to track housing data by specific school because agents don’t always complete the data field for schools. I tried this last year and it was a very tedious exercise. Additionally, many schools are fed by a lottery system, so looking at the “better schools” in a town may not tell a relevant story because the children come from all over the town/city, not from the school’s neighborhood.

I also do not know the answer to why home prices are higher in some towns versus others. I’m sure it is some combination of location, test scores, and socio-economic conditions. I wasn’t kidding when I asked if anyone wanted to run a regression analysis. :)

]]> By: WHTalk http://www.amybergquist.com/blog/2008/07/21/test-scores-and-home-prices/#comment-5416 WHTalk Mon, 21 Jul 2008 17:01:00 +0000 http://www.amybergquist.com/blog/?p=552#comment-5416 Amy B. This is a wonderful post and thanks for doing this analysis. The question is are the home prices lower because of higher scores or because of location location location? The learning corridor schools should be bringing up scores and subsequently home values. Are they? How do the prices of homes look around the better schools in Hartford? or in New Britain? It is certainly all very thought provoking. Amy B. This is a wonderful post and thanks for doing this analysis. The question is are the home prices lower because of higher scores or because of location location location? The learning corridor schools should be bringing up scores and subsequently home values. Are they? How do the prices of homes look around the better schools in Hartford? or in New Britain? It is certainly all very thought provoking.

]]> By: CAPT and CMT Roundup « West Hartford Forums http://www.amybergquist.com/blog/2008/07/21/test-scores-and-home-prices/#comment-5415 CAPT and CMT Roundup « West Hartford Forums Mon, 21 Jul 2008 15:20:02 +0000 http://www.amybergquist.com/blog/?p=552#comment-5415 [...] The Greater Hartford Real Estate Blog has an excellent post (and a fracking cool graph) about the relationship between CMT scores and the value of your home. [...] [...] The Greater Hartford Real Estate Blog has an excellent post (and a fracking cool graph) about the relationship between CMT scores and the value of your home. [...]

]]>