Easy way to determine average appreciation? - Posted by Patrick O'Reilly

Posted by Ed Copp (OH) on February 03, 2001 at 19:01:28:

It is possible to come up with a number, I suppose. It would be an average, and therefore tell you almost nothing. You can take two houses exactly alike, and put two families in them with different life styles. The difference in property values can be thousands, even tens of thousands of dollars just because of the way that the occupants live. So an average figure would be at best, quite misleading.

Easy way to determine average appreciation? - Posted by Patrick O’Reilly

Posted by Patrick O’Reilly on February 03, 2001 at 16:35:53:

What’s the quickest and easiest way to determine the average house appreciation over the past 5,10, etc. years in any given zip code? Is there an easy way to find out?

Re: Easy way to determine average appreciation? - Posted by Charles Steed

Posted by Charles Steed on February 04, 2001 at 10:57:12:

If you’re in a major metropolitan area, your Chamber of Commerse probabally keeps figures on RE appriecation (or they can point you to who has them).
If that isn’t an option, find a savvy RE agent or broker (sometimes harder to find than a motivated seller, LOL)

Also, zoning and planning boards keep this info…banks, builders…lots of sources. This information can be fairly subjective, so be prepared to hear more than one “professional opinion.” Hope this helps.