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Appreciating property values in Pineville
Over time, the value of a house will go up and down. House values appreciate in the long term generally. But, of course, there are no "sure things" in real estate.
When your property appreciates you have a greater asset to borrow against, and you'll see a greater profit when you sell. Property values in Pineville rise and fall for numerous reasons, so how will you know what you're buying this year won't depreciate the day after you close? It's important that you select a real estate agent in Pineville who recognizes the factors that drive local prices.
Free Home Value Assessment
A lot of people guess that the economy is the most critical factor impacting real estate appreciation. After all, there are a handful of issues on a national level that impact your house's value: unemployment, interest rates, quarterly earnings reports, and more. However, your home's value and the elements that play the most significant role in its appreciation are particular to the
Pineville economy and housing market.
Access to services
- Convenient access to schools, employment and amenities like shopping, restaurants and entertainment is a big deal to a lot of us and will greatly influence home values. So when it comes to retaining their value, these communities usually appreciate much more reliably than areas lacking key features.
Real estate sales trends
- How fast are houses selling? What was the final sales amount versus the asking price? Some information can be obtained from public records, but a good agent with a login to the local MLS will usually provide a more complete picture.
History of appreciation
- In the last 5-10 years, have home prices gone up or down? Does location or affordability affect how desirable the area is thought of as?
- Have companies moved into or away from an area? Are local businesses hiring? Is there a nice blend of work in an area, or does it rely upon just one industry? These items play a role.
It's worthwhile to learn about the factors that play into your house's worth. Visit
for an estimation of your house's value. Call me at 704.562.1030 or
if you have any questions at all. I'd love to hear from you.