How close can you get to the selling price of homes from across the country?

Craftsman or colonial? East Coast or West Coast? Maybe the Midwest? A seemingly endless list of variables can impact the price of a house. The Listed game, styled loosely after the hit game Wordle, gives players a picture of a house and has them guess its price, then you get clues as to whether your next guess should be higher or lower. For each guess, the game reveals another piece of information that could help narrow your guess to the correct range. As your students are learning about the process of buying a house in NGPF's mini-unit, test their ability to evaluate real estate listings with Listed!

Questions:

• What factors do you think contribute most to the value of a home?
• Describe different ways in which the location of a property can influence its selling price.
• How can knowing the history of a property's sale price be beneficial when evaluating its current value?
• What are some other costs associated with purchasing a home that might not be included in the listing price?
• In this game, you make an educated guess based on limited information. How does this compare to the real process of determining an offer for a home?

----------------

Listed can be a great bell ringer for NGPF's Buying a House mini-unit!

----------------

Looking for more interactive resources? Be sure to check out the NGPF Interactive Library. 

About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.

More posts by Ryan