TOM CRYER’S THEORY OF RESIDENTIAL VALUES

Land Appreciates, Improvements Depreciate

  • Long term, land value is ultimately all that remains. (Location, Location, Location)
  • Bathrooms, kitchens, entertainment features, etc. all decline in market appeal and depreciate over time.
  • When on a budget, buy the best land value (Location) you can afford, and worry about the house later.
  • Beneath it all is the land.

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
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