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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




File last updated September 09, 2010 * Copyright © 2010 All rights reserved by: Accurate Inspections, Inc. A New Jersey home inspection firm 56 Woodland Drive, Woodland Park (formely West Paterson) NJ 07424 973-812-5100 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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