Home Growth Calculator

Calculate Future Home Value





Formula

The formula to calculate the future home value is:

\[ FV = IV \times (1 + r)^n \]

Where:

What is Home Growth?

Home growth, or home appreciation, is the increase in the value of a property over time due to various factors such as market conditions, inflation, and improvements to the property. It is an important aspect of real estate investment, as it can significantly affect the return on investment when selling or renting out the property.

Example Calculation

Let's assume the following values:

Using the formula:

\[ FV = 300,000 \times (1 + 0.05)^{10} = 300,000 \times 1.629 = 488,700 \]

The Future Home Value (FV) is \$488,700.