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What Does A Newly Constructed Middle School Do to the Value of My Home?

I’m in Texas and purchased a new construction townhome in a great, up and coming neighborhood. My place should be completed and ready for move-in in two months from now.

I noticed a major building being built on the cross street (about 4 or 5 houses away and across a road from me). I searched the building permits and found it will be a new middle school, slated to open in Fall ‘23.

Experts, what will this do to the value of my home? I expect all property to appreciate aggressively in the neighborhood I’m in, but was unsure of how being this close to a school would affect me in particular.

Crime and safety ratings are terrific in this neighborhood and other local schools are rated high as well.

submitted by /u/jthistle02
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/vo2tte/what_does_a_newly_constructed_middle_school_do_to/
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