May 10, 2017
Top of the Class: Finding a Home in the Best School Districts Just Got Easier
New Zoocasa.com school search simplifies home buyers’ hunt for options in the best school districts
A great location and enviable amenities top any home hunter’s must-have list – but those with kids in tow are under even greater pressure to find an ideal neighbourhood to suit their family’s needs.
Whether a neighbourhood has great schools or is located within a coveted school district is the main consideration for 39 per cent of Canadians with aspirations to purchase a home, finds Zoocasa’s 2017 Housing Trends and Sentiments Report – and now, they’ll have the help they need to narrow their home search around the best-rated schools in Ontario.
Find Homes for Sale in the Best School Districts
The first comprehensive feature of its kind, Zoocasa’s new school search function lets buyers browse for listings by school boundary, including elementary and secondary schools under both public and Catholic school boards. The search results include current and five-year historical EQAO and Fraser Institute ratings, as well as average ratings within every boundary.
The ability to seamlessly combine the search for academia and real estate is an important one for families on the move, says Zoocasa CEO Lauren Haw; in the past, the process of researching schools and striving to buy in a specific location has only added a layer of stress on what is already a challenging undertaking for buyers.
“When we relaunched Zoocasa last year, we promised Canadians a better real estate platform that will make the home search easier and more tailored to their personal needs,” she says. “Finding a home in a great school district is a major factor in the majority of home searches, but it’s currently cumbersome for the average buyer to try and connect the dots between the school’s ranking, its boundary, and available listings in that particular area to make the best purchase choice. We’ve put that information in one easy-to-use place, integrated directly into our listings map.”
She adds that it’s not always clear to buyers what schools service what neighbourhoods, leading to potential frustrations for parents trying to place their children in specific institutions.
“Homes across the street from each other may be in different catchment areas. Understanding where your home is within a certain boundary can help with long-term transition planning and reduce unnecessary moves. Not to mention wealth accumulation – school rankings are highly correlated to real estate prices.”
The Cost of Homes in Toronto’s Top Elementary School Boundaries
According to Zoocasa’s 2017 Home Sentiments data:
- Thirty nine per cent of Canadians cite schools or school districts as an important factor for a future home purchase
- Schools or school districts were most important among aspiring home buyers with an annual household income of $100,000 and over
- Forty seven per cent of aspiring buyers who completed a Master’s degree or higher indicated schools and school districts are an important consideration during their next home purchase, compared to 39 per cent of those who completed a Bachelor’s degree and 24 per cent of those with a high school education or lower
How to Use Zoocasa’s School Search Function
Home buyers can use Zoocasa’s school search tool to browse:
- 3,825 Ontario elementary and 912 secondary school and 89 school districts
- Current and five-year historical (where available) EQAO and Fraser ranking data for each individual school, and the average ranking for school districts
- A “school cap” button on the real estate map that reveals school boundaries and the schools and property listings within them
- School information pages that include its contact information, ranking and ratings, the number of students and grade range, and an “expand” function to uncover the available listings within that district