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.
visitors since 6/17/2008
Philip Bonafiglia Heritage Realty Ph: 856-817-1220 - Fax: 856-817-1224
238 Taunton Blvd., Suite 4B
Medford, NJ 08055 www.heritagerealtysj.com
