What Makes Your Property Value Increase? 12 Key Factors to Watch
Find out what makes property value increase over time, from location and crime rates to schools and HOAs. Here are 12 factors to watch.
If you own a home or are considering buying or selling a home, you may be wondering what makes property value increase. An increase in property value is called appreciation. Appreciation stems from a collage of factors influencing one another and ultimately coalescing to drive up values and determine how much profit can be made on a sale.
In this article, we discuss the factors that cause property values to increase over time and how to obtain a home value estimate.