How will Marco Island Academy Effect Marco Island Real Estate?

Despite the controversy of whether or not Marco Island needed its own high school, the Marco Island Academy has received its final approval to make its existence a reality.

But, how does it effect Marco Island real estate?

The creation of a cutting-edge high school within the city boundaries should have a positive impact on the real estate market in several ways. First, a complete educational system will make a Marco Island an even more desirable location to relocate for out of state full time residents. Secondly, we anticipate that families may move from the surrounding areas of Naples and Bonita Spring to send their children to the school. It may also curb the number of island residents that send their children to off-island private or public high schools other than Lely. Thereby, minimizing the attrition of these families who move off island for high school. In addition, the Academy will need teachers and staff to run the school, creating additional demand for housing. Finally, there are the snowbird grandparents that may follow their children down to the area looking for their winter nest. These snowbirds may chose to spend longer periods on the island as their families are there. The school could also provide some economic benefits as it draws off island students, their families as well as teachers and staff members onto the island to utilize the island businesses. More full time residents creates a more balanced economy.

So, the overall result will be that the Marco Island Academy will draw more people to the island, increasing demand for housing and helping balance the economy. Who can argue with that?

See the news story, at School board approves plans for Marco's first high school - NBC-2.com WBBH News for Fort Myers, Cape Coral & Naples, Florida