Appreciation Tracking Advice

[David Cherkowsky]

Hi All,

I'm looking for the easiest way to track appreciation on an annual basis. I am closing on my first property in the next few weeks and I am trying to get my spreadsheet setup for tracking ROI and other metrics. Is there an easy way to track natural appreciation? I assume zestimate or other online estimating tools are inaccurate. Are comparables the best way to track this?

Thanks in advance for your help.

[Keith Goepfert]

I recently bought my first home, and my real estate agent automatically signed me up for something called "HomeBot". I now get monthly emails with updates to my home's estimated value, along with metrics such as how much rental income the property could generate.

Their pricing algorithm is a blackbox to me, so I can't endorse the product. Just letting you know it exists.