How to know if a property value will grow in near future or not

How to know if a property value will grow in near future or not

Member since 2018 · 1 post · 0 votes

Can anyone answer to this question?

0Reply
37 views

Most Popular Reply

Member since 2018 · 509 posts · 211 votes
8y

No.

See this reply in the discussion

4 Replies

Jump to latestLatest
  • Member since 2018 · 509 posts · 211 votes
    8y

    No.

  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    8y

    I know of five methods that, have varying %'s of success:

    1 - Crystal Ball = 20%

    2 - Ouija Board = 21%

    3 - Palm Reader = 22% +/-

    4 - Card Reader = 22 - 23%

    5 - Fortune Teller = 25% (but I think they're just more experienced at guessing)

    ...or, you can just do a really good analysis...and hope for the best.

  • Investor · Atlanta, GA · Member since 2015 · 139 posts · 98 votes
    8y

    Nope.

  • Tuscaloosa, AL · Member since 2016 · 17 posts · 12 votes
    8y

    To answer in a more serious way. No one can 100% predict if a value of a property will go up. Some investors bank on the value of a property going up if there's development aka gentrification going on near the property but that's still very risky. It's risky because no one can guess where that imaginary appreciation line will stop and your property may be two blocks away from that line. Banking on appreciation is gambling. You should only go after properties where the numbers are working in the current market. 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.