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You can determine how much your home has appreciated in value. This can be useful when you are in the process of setting a sale price for your home. Of course, there are many factors to consider when setting a price, such as prices of comparable homes. Check with your real estate agent. Most would be happy to provide you with a free market analysis.

You are asked to enter the beginning value and purchase date, along with a current value and date. It is not necessary to use today's date. You can change the date and values to anything you want. The only requirements are: the current price has to be greater than the purchase price, and the current date has to be greater than the purchase date.

The average annual increase is computed using a financial formula. This formula takes into consideration annual compounding. For this reason, the total percentage increase will not equal the average annual increase multiplied by the number of years.

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Accurate Inspections, Inc.
Michael Del Greco, President
New Jersey Home Inspector License # GI0121
American Society of Home Inspectors Member #102273

(973) 812-5100 - Your call will always be answered by a trained professional


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This file was last updated on Saturday, 29-Dec-2007 18:28:15 EST * Copyright © 2008 All rights reserved by: Accurate Inspections, Inc. A New Jersey home inspection firm providing New Jersey Certified Home Inspections in NJ, by New Jersey Licensed home inspectors. Inspector of record Michael Del Greco, New Jersey Home Inspector License GI 0121.

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