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Updated almost 3 years ago,
Seeking Appreciation Calculator
Hello Bigger Pockets Community,
The calculators that Bigger Pockets provides for rental property, fix and flip, brrrr, rehab etc are fantastic. However, I'm wondering if anyone is aware of a good tool for estimating appreciation? I'm interested in both general appreciation of a market (e.g., houses in X community are expected to go up X on average per year) and of an individual unit (e.g., once any rehab is done and I've hit "steady state" the general appreciation of this property will be X on average year over year). This would be useful to accurately assess opportunities for investors that care more about appreciation than cashflow.
Also curious if a more sophisticated calculator exists that's the equivalent of an "in the money" analysis for stock trading that would effectively highlight the best time to exit. We intuitively know the parameters, but systematizing it improves efficiency.
Thank you!
Kari