Back to School! Know what school district your home is in

The impact school districts have on home prices can be a fairly dramatic, especially in Toronto.

The reason?

In Canada where we have socialized education and each school gets the same amount of budget per child, it is the affluence and involvement of the neighbourhood that can make a difference. For example, Jackman P.S fund raises like professionals and the result is Scientist in the School, better playground equipment, more class room resources and arts programs. The community raises about 60% more than what the school budget is.

It is information like this that can make your home worth more and if you have kids, will impact their education. Toronto real estate prices can be effected by a few factors and schools are a big part of this.

Want to know more about schools and districts? Check out the Ontario Ministry of Education interactive school guide.