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Real estate & rental

Real Estate Home Appreciation Calculator

What a home may be worth in future at a given growth rate, and what that is in real terms.

Your numbers

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Result

Value in future $592,451
Nominal gain $172,451
Value in today's money $462,822
Real gain after inflation $42,822
Years to double at this rate 20.1
At 3.5 a year the home reaches $592,451 in 10 years. In today's money that is $462,822, a real gain of $42,822 once inflation is taken out.

An arithmetic tool, not financial or legal advice. Lending criteria, tax treatment and tenancy law all vary by state and change regularly. Confirm anything that affects a decision with a lender, an accountant or an attorney. Long-run house price growth has historically been close to inflation plus a small margin, not the rates seen in particular booms. A projection at 7% a year is a forecast of a boom continuing for decades, which is a bet rather than an assumption. This also ignores the costs of ownership, which are substantial.

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Questions

About this calculator

What appreciation rate is realistic?

Over long periods, roughly inflation plus one or two points in most markets. Individual decades vary enormously in both directions, and a single market can diverge for a long time.

Why show the real value?

Because a house worth twice as much in twenty years has not doubled in purchasing power if prices generally also rose. Nominal gains flatter every long projection.

The formula

future value = current value x (1 + rate)^years; real value discounts that by inflation

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