2 ms·
are you saying a single family house on a plot of land doesn't appreciate? that's an interesting take making the home worthless but an empty lot in a subdivisio
by gigatexal 4y ago
are you saying a single family house on a plot of land doesn't appreciate? that's an interesting take making the home worthless but an empty lot in a subdivision is worth less than one with a home on it -- from what I've seen, anyway.
- thaumasiotes 4y ago> that's an interesting take making the home worthless but an empty lot in a subdivision is worth less than one with a home on it -- from what I've seen, anyway The value of the home declines over time as the home deteriorates. No one said the home is worthless, although that is indeed sometimes the case. An empty lot should be worth less than a lot with a functional home on it (if your goal is to put a home on your lot), but the lot with an old house on it is worth less than the one with a new house. Houses don't appreciate, no.