West Cleveland Suburbs ~ Home Buyer Tips ~ #10 - Owning A Home is a GREAT Investment...But....

West Cleveland Suburbs ~ Home Buyer Tips ~ #10 - Owning A Home is a GREAT Investment...But....

And finally....Home Buyer Tip #10 of the Top 10 Tips To Take the Stress Out of Homebuying:

10. Choose a home first because you love it; then think about appreciation. While U.S. homes have appreciated an average of 5.4 percent annually over from 1998 to 2002, a home's most important role is to serve as a comfortable, safe place to live.

Once again, we all wish we had a crystal ball, But, alas, we don't. Homes appreciate at different rates, in different areas of the country...as well as different neighborhoods within the same city! And the amount your home increases in value can also change from year to year.

A financial payback is more likely than not, but it usually takes several years to see a significant increase in value...even in a prosperous economy.

If you've enjoyed your home over the years, felt safe and comfortable and have created many lasting memories, then you should be very proud of all you've done to get there!