How are property values affected by a school system?
"When it comes to home prices, schools matter.
Buyers will pay a premium to live near top schools," according to CNN/Money, August 30, 2004. According to personal finance expert, Ilyce Glink, "study after study has shown that homes located in the best school districts appreciate at a faster rate than homes located in mediocre or poor school districts."
In River Forest, the percentage change in sales price of homes increased by 234.18% since 1994. River Forest experienced the second largest increase in home prices in the suburban communities measured by Chicago Magazine, based on data from the Multiple Listing Service of Northern Illinois.
Parents and parents-to-be seek out River Forest because of the quality and reputation of District 90 schools, among other distinctive features of living in this community.
Your vote counts! Please vote "YES" for the referendum on March 21, 2006.
Return to our list of Frequently Asked Questions
Please let us know what additional information concerning District 90 programs or fiscal challenges we can provide by completing the form below. The most common and appropriate questions will be included on this page in regular, frequent updates. Or, if you prefer, you can telephone the Committee to Preserve River Forest Schools hotline at (708) 488-1647.