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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.

 

Jeremy C. McDowell
Lookout Mountain Land Co, LLC
Ph: 866-841-5263 - Fax: 423-881-5994
2350 Long Branch Road Spencer, TN 38585
www.lookoutmountainlandcompany.com

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These materials, features and amenities described and depicted herein are based upon current development plans, which are subject to change without notice. No guarantee is made that the features, amenities and facilities depicted by artists' renderings or otherwise described herein will be provided, or if provided, will be of the same type, size or nature as depicted or described. Obtain the Property Report required by Federal Law and read it before signing anything. No Federal Agency has judged the merits or value, if any, of this property. Jamie Swartz , Principal Broker for Long Branch Lakes Properties, LLC.