3 ms·
Houses don't appreciate in value. The land they are on appreciates faster than the building depreciates.
by yardie 7y ago
Houses don't appreciate in value. The land they are on appreciates faster than the building depreciates.
- bretpiatt 7y agoStructure can and do go up in value if replacement cost increases from higher material costs, labor costs, building code and permitting costs (that just add cost, not directly to buyer utility), etc.
- hprotagonist 7y ago... sometimes. And sometimes it even outpaces inflation!