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Can a home depreciate in value?
Buyers Answers

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.

 

 

Michael Morgan  & Jeana Young
Remax Executive at the Lake
Michael Ph: 704-815-3271  -  Jeana Ph: 704-815-3271  -  Fax: 704-746-9661
19600 West Catawba Ave
Cornelius, NC 28031
License # 219912
www.lknpros.com

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