Property Values Could Drop Under New School Boundaries

6 years 1 month 2 weeks ago Thursday, October 27 2011 Oct 27, 2011 Thursday, October 27, 2011 6:06:00 PM CDT October 27, 2011 in News
By: Danny Spewak
loading

COLUMBIA - Homes in neighborhoods affected by public high school redistricting could experience drops in property values, but a member of the Columbia Board of Realtors said she does not foresee any dramatic change in prices.

After the Secondary Enrollment Planning Committee for Columbia Public Schools whittled more than 100 proposals for redistricting down to just three plans Thursday morning, president-elect Kim Coleman said current proposals to switch boundaries for Rock Bridge, Hickman and the new Battle High School could play a role in the housing market.

"Some people will ask for certain school districts, whether they look at test scores or other criteria. I can see how one home in one district may be a little easier to sell, or sell quicker, than in another district," Coleman said. "There is going to be some value. But not to a huge extent."

CPS community relations coordinator Michelle Baumstark said the subject of possible changes in some property values never arose during any discussion of boundaries. She said the district would rather focus on "doing what's best for kids" instead of on the housing market.

However, she did say she thought property around Battle High School could spike, citing the new homes and businesses that could develop around the area.

"We saw the same thing 40 years ago when Rock Bridge High School opened up," Baumstark said. "Now you look at the south side of Columbia and it looks totally different.

Coleman did not rule that possibility out. Still, she said Battle's effect on property and development is hard to predict at this point.

"We have the new unknown entity at this point with the new high school coming in. I don't really think we know what that value is going to be," Coleman said.

Seth Meyer, who is selling a home in a neighborhood near Broadway and Stadium, said buyers have not voiced concerns to him about a possible switch from the Rock Bridge to Hickman jurisdiction. Describing his neighborhood as "excellent for families," Meyer said most buyers rarely mention the school aspect.

"I don't think they should have any concerns," Meyer said. "I haven't really heard anybody too upset about the convergence, simply because I think both high schools in this city are great."

Coleman said she does not anticipate huge changes in property value because of the stable market in Columbia. Normally, she said property values rise from year-to-year in the city.

More News

Grid
List
ST. JOSEPH (AP) — A Missouri woman has been charged in the drowning death of her 6-month-old son. The... More >>
37 minutes ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:54:03 AM CST December 12, 2017 in News
ST. LOUIS (AP) — An Illinois man has been sentenced to 25 years in prison in the fatal shooting of... More >>
47 minutes ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:43:49 AM CST December 12, 2017 in News
JANESVILLE, Wis. (AP) — Janesville police say the victim of a homicide was stabbed at least 30 times. ... More >>
54 minutes ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:37:00 AM CST December 12, 2017 in News
OVERLAND PARK, Kan. (AP) — Fire crews have found a woman dead while putting out a fire in a suburban... More >>
1 hour ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:28:02 AM CST December 12, 2017 in News
JEFFERSON CITY - The Jefferson City Board of Adjustment will hear from the public Tuesday morning about issuing a conditional... More >>
3 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 6:42:00 AM CST December 12, 2017 in News
COLUMBIA - It's a topic that many people shy away from, but one man came to Columbia to talk about... More >>
14 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 8:25:00 PM CST December 11, 2017 in News
COLUMBIA - Terron Wings says he considers himself blessed he can now call himself an “American taxpayer.” Wings, 37,... More >>
15 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 7:27:27 PM CST December 11, 2017 in News
JEFFERSON CITY- A Special Olympics Missouri plan nearly a decade in the making could become a reality as soon as... More >>
15 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 7:12:00 PM CST December 11, 2017 in Sports
COLUMBIA - The Columbia Board of Education voted to approve ballot language for a $30 million bond issue Monday night... More >>
15 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 7:01:00 PM CST December 11, 2017 in News
COLUMBIA – High winds and dry conditions warranted additional safety precautions for fire safety Monday in central Missouri. The... More >>
16 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 6:04:00 PM CST December 11, 2017 in News
RENICK – The Beamer family was on the porch of their Randolph County home at the beginning of the storm... More >>
17 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 5:21:00 PM CST December 11, 2017 in News
ROCHEPORT - Consolidated Water issued a boil order advisory for parts of Howard County Monday due to a water main... More >>
18 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 4:29:00 PM CST December 11, 2017 in News
ORONOGO (AP) — Homeowners living near a gun range in southwest Missouri are concerned about stray bullets that have been... More >>
18 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 3:32:30 PM CST December 11, 2017 in News
COLUMBIA - When someone goes to the doctor for a checkup, they might expect the regular look at their eyes,... More >>
19 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 3:15:00 PM CST December 11, 2017 in News
COLUMBIA - The Food Bank for Central and Northeast Missouri is using mobile pantries to provide food to areas that... More >>
19 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 3:00:00 PM CST December 11, 2017 in News
JEFFERSON CITY (AP) — Missouri's attorney general is weighing whether to appoint a special investigator to check into use of... More >>
19 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 2:45:00 PM CST December 11, 2017 in News
COLUMBIA - One MU Nursing School program has reduced the number of nursing home patients from hospitalization by nearly 50... More >>
20 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 2:24:00 PM CST December 11, 2017 in News
COLUMBIA- The Missouri Attorney General's office is forming an advisory board to develop the first statewide program in Missouri that... More >>
22 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 12:22:00 PM CST December 11, 2017 in News
Columbia, MO
Broken Clouds 27°
11am 28°
12pm 31°
1pm 33°
2pm 38°

Select a station to view its upcoming schedule:

Coming Up Next

10:00a
Today with Kathie Lee & Hoda
11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
10:00a
Jerry Springer
11:00a
Jerry Springer
12:00p
Jerry Springer

Tonight's Schedule

7:00p
The Voice
8:00p
Gwen Stefani's You Make It Feel Like Christmas
9:00p
Chicago Med
7:00p
Greatest Holiday Commercials Countdown 2017
8:00p
The Victoria's Secret Fashion Show
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld