Thinking about buying a home? On average, home values increase by 3-6% annually, meaning your property can grow significantly in value over time.
For this example, I used a 4% annual appreciation rate to show you just how powerful real estate investment can be…
Buy a home worth $500K today.
-> In 10 years, it could be worth $740K.
-> In 20 years, it could be worth $1.1 million.
-> In 30 years, it could be worth $1.6 million!
REMINDER: home prices vary based on location, and owning a home also comes with ongoing costs like: mortgage interest, property taxes, insurance, and maintenance.
BUT – the increase in home values often outpaces these expenses, allowing you to build equity and secure long-term financial stability.
The takeaway? Home prices will continue to rise, so waiting only makes it more expensive to get into the market. If you’re ready, now’s the time to start building wealth through homeownership!
💬 Want to explore your options? Talk to some of the reliable Englewood, FL real estate experts for assistance in making smart home-buying decisions and avoid costly mistakes.
