Monday, September 06, 2010

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Can a home depreciate in value?
Buyers Answers

Generally, real property never depreciates in value, or more so, it is not very common for property to depreciate.  This is why it's a great investment. Make sure you carefully consider location and community when choosing a home, it can effect the homes future value greatly.

If you are in a newly developed area, do some research on the construction of the surrounding areas being developed to determine if they may effect your homes value.

 

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Scott Pharris
Icon Realty
Ph: 702-240-2795  -  Fax: 702-920-8004
2921 N. Tenaya
Las Vegas, NV 89128
www.LVIcon.com

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