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Thursday, July 29, 2010

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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.

 
 
 
Alison Gill
Jones and Associates Realty
Ph: 276-356-4471
120 Court Street South East
Abingdon, VA 24210
www.alisongill.net

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