Appreciating property values in Bonita Springs

Property values are constantly moving up and down. Over a long enough period of time, property values almost always go up. But, in real estate there is always a certain amount of risk.

When your home appreciates you have more equity to borrow against, and you'll create a larger profit when you sell. Property values in Bonita Springs fluctuate for many different reasons, so how do you know what you're buying now won't depreciate the day after you close? It's critical that you go with an agent in Bonita Springs who recognizes the factors that drive local prices.

Free Home Valuation

What is the most critical factor impacting real estate appreciation? Many are convinced that it's the economy. After all, mortgage rates, unemployment, business growth, government programs and many other national determinants are known to influence your house's worth. However, your property's value and the elements that play the most significant role in its appreciation depend on the local Bonita Springs economy and housing market.

Let Downing-Frye Realty, Inc. help you with your first home purchase in Bonita Springs

Let Downing-Frye Realty, Inc. help you with your first home purchase in Bonita Springs

Location in a community - Proximity to schools and jobs also have a major affect on many home buyers' decisions. So when it comes to holding their value, these areas typically appreciate better than others.

Real estate sales trends - What's the time on market? What was the selling price compared to the listing price? Some information can be retrieved from public records, but a good agent with a login to the local MLS will usually be able to provide a more complete picture.

The appreciation history - Is the neighborhood thought to be desirable because of its location or affordability? Have home prices increased or decreased over the last 5-10 years?

The local economy - Are local businesses hiring? Have companies moved into or away from an area? Is there a good combination of job types in an area, or does it depend on just one industry? Is the blend of commercial and residential development changing? Each of these pieces plays a part.


	It's important to learn about the factors that impact your home's value. Click here to get an evaluation of your property's value. Please call me at 239-992-8711 Ext 719 or e-mail me with any questions.

Downing-Frye Realty, Inc. 27180 Bay Landing Drive #5 Bonita Springs, FL 34135

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