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.
Advertisements

About Tom & Dee Cryer

Your Friends in the Homeownership Business!
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s