1. What is House Value Increase?

House value increase represents the appreciation in property value over time. It's calculated as the difference between the current value and the original purchase price or previous valuation.

2. How Does the Calculator Work?

The calculator uses a simple formula:

And for percentage increase:

Where:

• New Value — Current market value of the property
• Old Value — Original purchase price or previous valuation

3. Importance of Calculating Value Increase

Details: Tracking property value increase helps homeowners understand their equity position, make informed decisions about refinancing or selling, and assess investment performance.

4. Using the Calculator

Tips: Enter both values in dollars. The calculator will show both the dollar amount increase and the percentage increase.

5. Frequently Asked Questions (FAQ)

Q1: What's considered a good increase in home value?
A: This varies by market, but typically 3-5% annual appreciation is considered healthy in stable markets.

Q2: How often should I check my home's value?
A: For most homeowners, checking annually is sufficient unless considering selling or refinancing.

Q3: Does this include home improvements?
A: The calculator shows total value change. To isolate market appreciation, you'd need to subtract improvement costs.

Q4: What if my home value decreased?
A: The calculator will show a negative number, indicating a loss in value.

Q5: Where can I get accurate current home value estimates?
A: Professional appraisals are most accurate, but online estimators can provide rough estimates.