OK, so we have established that living near a good school not only helps your children get to college but also does wonders for the value of your house. However you had better make very sure that when you do send the children to college you send them far away, because new research suggests that having students next door can reduce the value of your property by 10%. A couple of savage rottweilers on the other hand frighten buyers only to the tune of 8%, so if they see off the students then thats 2% clawed back.