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Updated over 6 years ago,

Brett Peters's profile image
Brett Peters's profile image
Brett Peters
  • Specialist
  • from Lancaster, Pa
  • Member since Aug 18, 2018
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152
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66
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Brett Peters's profile image
Brett Peters's profile image
Brett Peters
  • Specialist
  • from Lancaster, Pa
  • Member since Aug 18, 2018
Connect
Brett Peters
  • Specialist
  • Lancaster, Pa
66
Votes |
152
Posts
Buying & Selling Real Estate

Calculating Appreciation Rate

Brett Peters
  • Specialist
  • Lancaster, Pa
Posted

I am looking for a little help on Calculating appreciation rate on a property I purchased. If the Current value is 75k and the original price was 17k, my appreciation would be 58k. Now, if I divide that by the original price to get the rate, I come up with 3.4%. Am I doing this correctly? Please comment.

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