Wondering how much your home is going to appraise for over the next few years?
Buying a home is exciting. Trying to find the perfect house — one that fits the budget and all of the criteria buyers tend to have for their living situation.
But selling a home? It can be a little complicated to know when to sell, how to sell, and how much is reasonable to expect to get for the home.
Well, the rate of appreciation varies MASSIVELY by city, suburb, and even neighborhood… but the average in the U.S. is around 3.8% per year.
This means that we might expect a home that’s currently worth $200,000 to be worth $207,600 at this same time next year. Three years from now that house might be worth about $223,677.
That’s the magic of real estate appreciation.
If you’ve owned your home for a long time, though, then maybe it’s appreciated enough and it’s a good time to sell. After all, there is a point where a home’s age starts to negate its appreciation value — if you’re making a lot of repairs or updates to your home, then it’s likely that the appreciation rate of your property is waning.
Still, you’ll have to consider your market and your neighborhood to get a better idea of how much your home is going to appreciate over the next 5-10 years.
(And to be clear, there’s no guarantee of appreciation… especially if the market takes a turn.)
If repairs and updates are piling up faster than your home’s value is climbing, it might be time to explore how we buy houses in as-is condition — no repairs, no updates, and no waiting on the market required.
Hopefully, this info helps you make the best possible decision with your home!
If you do want to sell, though, then give us a call at 503-379-9572. We’ve been helping home sellers for a long time in Keizer, Oregon and we can make you a fair cash offer and close in as little as two weeks. We’ll even pay all closing costs!
Ready to see what your Keizer home is worth today? Get your fair cash offer here and find out how simple selling can be.
About Simple Home Offer
Simple Home Offer is a family-owned real estate solutions and investment company helping homeowners across Oregon sell burdensome or unwanted properties fast — no agents, no repairs, no commissions. Whether you’re facing foreclosure, an inherited property, or just need to sell quickly, we provide fair, all-cash offers and can close in as little as two weeks. Learn more about our company or call us anytime at 503-379-9572.