July 2017 Market Update - Luxury Homes/Top Towns

5 Home Appreciation Drivers

Realtor.com did some research, analyzed millions of listings over the past five years and here’s what they found regarding some factors that drive home value appreciation. You are invited to translate some of these national trends to the Garden State.

A home generally appreciates in value between 3 and 4 percent each year, but not every home appreciates equally. While every market is different—and appreciation is naturally affected by factors homeowners can’t control—there are certain home features that create greater appreciation than others.