Changes to school enrolment zones in Auckland could drive prices in the areas affected up even further, the Real Estate Institute is warning. Abigail Dougherty/Stuff School zone changes mean houses in affected areas could see further upwards pressure on prices. Supplied REINZ acting chief executive Wendy Alexander says one of the most common questions agents are asked is what school zone is the house in. Beyond specifics about the house, one of the most common questions real estate agents get asked was “what school zone is the house in?”, she said. Realestate.co.nz spokesperson Vanessa Taylor said it was hard to quantify how school zones affected house prices in the area, but if vendors and agents used the school zone as a feature of their marketing they perceived value in doing so.

Source: Stuff April 22, 2021 01:30 UTC