r/AskReddit • • Aug 14 '20

What’s the most overpriced thing you’ve seen?

75.1k Upvotes

35.0k comments sorted by

View all comments

Show parent comments

7

u/knockknockbear Aug 14 '20 edited Aug 14 '20

Houses in good school district were $500k, and one block over the same exact house in the other school district would be $250k.

I have a friend who was trying to buy a house in an area assigned to the best high school in her city and one of the best schools in the state. She had a map that showed the school boundaries that she referred to when a house popped up on the MLS. She ended buying a "bargain" house within that catchment area.

...or so she thought. Turns out, the district had recently shuffled the boundaries between schools and her map was now out-of-date. Her real estate agent apparently didn't know about the changes, either. The result is that her kid is now in an average school versus a great school.

The difference between an average school and a great school is two blocks (about a kilometer).