Indianapolis Real Estate Appreciation
Posted by Paula Henry on Wednesday, June 18, 2008 at 5:09 AM
By Paula Henry / June 18, 2008
2 Comments
I found this cool calculator just sitting on my desktop and thought I would share it with you. It’s a simple tool for calculating appreciation or equity growth.
Since it is not specific to a neighborhood or area of town, the results may actually be different for your home. Historically, Indianapolis real estate is a slow, steady market with modest appreciation of approximately 3%.
Although, the numbers haven’t held true the last few years, real estate is cyclical.
Click on the graph to compute your estimated appreciation. Insert the number of years the property is owned in place of loan length.
Discussion
Paula,
That is a cool calculator! Congratulations on being named as one of the top 100 blogs outside of Active Rain. It's stiff competition but you have obviously found your niche.
Michael
Hi Michael - I like cool gadgets! Thanks for the congrats and for stopping by!
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