Ballpark figure, how much would a $275,000 home be worth in 11 years?

Question

Ballpark figure, how much would a $275,000 home be worth in 11 years?

Answer 1

it matters on were it is. the range is  from 0 to 500,00 +  there can be no real answer.

Answer 2

We have no way of knowing your market.  And because the market is still declining in some area's, that may have an impact on any increase in value for the future.  At best it could be the same as today, at worse, you need to know the average decline in your area.  

Answer 3

Either in the high 300s or in the low 400s.

Answer 4

If you use inflation as your tool to gauge how much something will rise you should be quite close to the mark. use 3.5-4% (because of inflation at the moment) and you $275,000 house would be 380875 to 396000. But this all depends on what the local and national economy is doing at the time. NSW is in a slight downturn whilst SA is starting to boom.

You should also look for a example of an economic clock (link provided) and this gives you a guide of what may be in store for houses.

Yeah it's a little more than your answer but you may take something else away from this away as well

Oh PS if you make a few mill, I'm your friend LOL. just kidding.

Cheers

Jake

Answer 5

$450,000. /