If you’re a homeowner, a quickly rising real estate market is good news. It’s comforting to see your home value rise. Yet, many homeowners don’t live in the last home they will ever own, making rising prices also a source of anxiety.
The question is, what do rising real estate prices mean for the next house you buy? Will the home you own today appreciate at a greater or lesser rate than the home you’re going to buy?
According to analysis by realtor.com drawn from millions of listings from 2011-2016, some home features appreciate more than others. Knowing this could help you gauge which home updates pay off the most – and which may not pay off at all. It can also help you choose a home that will appreciate at the top of the curve.
As a point…