How much do houses increase in value?
It seems that a lot of pre-owned houses are for sale - and the asking prices are significantly higher than the purchase price even for houses built in the last five years.
Assume a home with a view (golf course, water, preserve) and a home without a view (wall or kissing lanai) and that there have been modest improvements in all homes (no pools) but some upgrades and landscaping totaling no more than $25,000.
Ballpark, how much should a new home (veranda, designer and courtyard villa) increase in value after 1,2,3,4, and 5 years?
Has there been a significant change now as compared to houses built in 2015?
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