Increase in Value

[Kelly Williams]

I am about to put an offer for  a property in NJ Sayreville 3 bedroom 2,5 bath very specious house. 

Considering the house is not located on a metropolitan area I am worried that the value of the house won’t go up in the future. What’s your thoughts on that? 

[Scott E.]

There are so many factors that drive appreciation.

You're going to need to look at demographics, jobs, migration, crime rates, average household income, etc. And of course also look at what the appreciation rates have been around there the past 10-15 years.

Talk to some local realtors and ask for data to back up whatever claims they give you.