Information: Please take a moment and visit your profile to choose a flag.

Can a home depreciate in value?

Post Reply

Topic author
Minahil12434
Gold Members
Reactions:
Posts: 41
Joined: Mon Jan 15, 2018 9:41 am
Location: Rawalpindi
Has thanked: 8 times
Been thanked: 23 times
Flag: Pakistan
Contact:
Status: Offline

Can a home depreciate in value?

Post by Minahil12434 » Mon Feb 26, 2018 11:35 am

Generally, real property never depreciates in value, or more so, it is not very common for property to depreciate. This is why it's a great investment. Make sure you carefully consider location and community when choosing a home, it can effect the homes future value greatly.

If you are in a newly developed area, do some research on the construction of the surrounding areas being developed to determine if they may effect your homes value.



Post Reply

Who is online

Users browsing this forum: No registered users and 1 guest