Our "If You Bought In" analysis showcases home appreciation year-over-year, measuring the percentage change in the average sales price from the year you purchased your home to the present.
This is such an interesting look at how much value a home may have gained from the time it was originally purchased! You can really see how investing in real estate can build equity in the longterm.
Of course pricing your home is more complicated than applying the appreciation/depreciation factor to your original purchase price. The analysis doesn't consider your specific town or price point, which may have appreciated or depreciated differently from the overall market.
Also, I'd like to point out that the values in the table are not controlled for inflation, so you should not look at this as a tool for assessing the performance of real estate as an asset.
The best pricing information comes from a customized comparative market analysis which I can provide for you.
Over the past 30 years, the real estate market has grown significantly. As your real estate professional, I am excited to continue to witness these positive changes and look forward to sharing the market's continued evolution with you.
Check out the charts below, and don't hesitate to reach out if you'd like to know more specific information for your home!