RSS

Your Guide to SchoolCatchment Areas

When it comes to your child’s education, finding the right school is every parent’s top priority. But with so many options out there, how do you narrow down your choices? This guide will walk you through the process of researching schools and understanding catchment areas, helping you make an informed decision about your child’s educational future. Whether you’re a parent with school-aged children or planning for the future, keep reading for valuable insights to help you find the perfect home for you and your growing family.


Understanding School Catchments 

Public schools across BC adhere to the school catchment system. A school catchment is a defined geographic area around a school. Students living in this area are generally assigned to attend that school. This system differs from one based solely on distance, as catchment boundaries are clearly defined.

In some cases, families residing near the edge of a catchment area may not be assigned to the closest school. This can be surprising for homebuyers who may assume their children will always attend the school that is closest to their home.


Capacity Issues in Popular Catchments 

While students will typically attend their assigned “in catchment” school, living within a specific catchment doesn’t guarantee attendance at the catchment school. In densely populated areas or highly sought-after school catchments, it’s possible that the number of students within a catchment exceeds the school’s capacity. When this happens, some students may be assigned to schools outside their home catchment. This situation underscores the importance of researching school capacities.

Researching Schools in Your Target Area 

Now that we understand the basics of school catchments, let’s explore how to research and identify the best schools in your desired area. 

One of the most efficient ways to determine which schools serve a particular address is by using online school locator tools. Most school districts provide these resources on their websites. To find them, simply search for your city name followed by “school locator” in your preferred search engine. 

Vancouver residents can use the school locator tool available here. 

Kelowna residents can access their school locator here. 

 

Evaluating School Performance 

While knowing which schools serve an area is important, you’ll also want to assess the quality of those schools, particularly if your search spans a broader area. Here are some ways to evaluate school performance:

  1. Standardized Test Scores: Many regions publish standardized test scores for public schools. These can provide insight into how well students are performing academically.

  2. Graduation Rates: High school graduation rates can be another indicator of a school’s effectiveness. Schools with higher graduation rates may be better at supporting students through to completion of their studies.

  1. Special Programs and Extracurricular Activities: Consider the variety of programs and activities offered by schools.

  1. Visiting Schools in Person: If possible, arrange visits to the schools you’re considering. This allows you to observe the learning environment, meet staff, and get a feel for the school culture.

  1. Speaking with Current Parents and Students in the Community: Connecting with families who currently have children attending the schools you’re interested in can provide valuable insights into what you can expect. 

Remember that while finding the “best” school is important, what really matters is finding the right fit for your child and your family’s needs. For guidance or if you have questions about how school districts might impact your home search or property values, don’t hesitate to reach out. As a former school teacher in Greater Vancouver, I have taught full time in Vancouver and South Surrey, and been a substitute teacher in dozens of schools. I love chatting about all things schools!

Read

August often sees a slowdown in Vancouver’s real estate market due to the summer holiday mindset, where both buyers and sellers take a step back to relax and travel. This seasonal dip is also influenced by lower inventory levels as homeowners wait for the

This year is no different. After a quieter summer market with sales below their ten-year seasonal averages in August, sellers await buyers’ return.

Residential Home Sales

Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region1 totalled 1,904 in August 2024, a 17.1 per cent decrease from the 2,296 sales recorded in August 2023. This total was also 26 per cent below the 10-year seasonal average (2,572).

“Sales remain in a holding pattern, trending roughly 20 per cent below their 10-year seasonal average, which suggests buyers are still feeling the pinch of higher borrowing costs, despite two recent quarter percentage point reductions to the policy rate this summer.” – Andrew Lis, REBGV director of economics and data analytics.

Inventory

There were 4,109 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2024. This represents a 4.2 per cent increase compared to the 3,943 properties listed in August 2023. This total was 1.7 per cent below the 10-year seasonal average (4,179).

 

Home Price Data Analysis

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 13,812, a 37 per cent increase compared to August 2023 (10,082). This total is also 20.8 per cent above the 10-year seasonal average (11,432).

 Metro Vancouver Home Sales by Property Type

Across all detached, attached and apartment property types, the sales-to-active listings ratio for August 2024 is 14.3 per cent. By property type, the ratio is 9.6 per cent for detached homes, 18 per cent for attached, and 17.2 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

Detached

Sales of detached homes in August 2024 reached 509, a 13.9 per cent decrease from the 591 detached sales recorded in August 2023. The benchmark price for a detached home is $2,048,400. This represents a 1.8 per cent increase from August 2023 and a 0.1 per cent decrease compared to July 2024.

 Apartments

Sales of apartment homes reached 1,012 in August 2024, a 20.3 per cent decrease compared to the 1,270 sales in August 2023. The benchmark price of an apartment home is $768,200. This represents a 0.1 per cent decrease from August 2023 and unchanged compared to July 2024.

 Attached Homes

Attached home sales in August 2024 totalled 370, a 12.3 per cent decrease compared to the 422 sales in August 2023. The benchmark price of a townhouse is $1,119,300. This represents a 0.8 per cent increase from August 2023 and a 0.5 per cent decrease compared to July 2024.


The Stilhavn Report

Whether you are looking to buy or sell a home or investment property in the coming months, or just curious about what’s happing in your neighbourhood, The Stilhavn Report has you covered. Providing in-depth market information and monthly summaries of what’s happening in the areas we service, this monthly report is the perfect starting point for first time buyers and market savvy investors alike.

Article courtesy of Stilhavn Real Estate Services

Read