Percentage Increase Formula:
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Percentage increase measures how much a value has grown relative to its original amount. In real estate, it shows the appreciation of a property's value over time.
The calculator uses the percentage increase formula:
Where:
Example: If a home was purchased for $200,000 and is now worth $250,000, the calculation would be: (($250,000 - $200,000) / $200,000) × 100 = 25% increase.
Details: Tracking percentage increases helps homeowners understand their investment growth, compare property appreciation rates, and make informed decisions about selling or refinancing.
Tips: Enter the original purchase price and current market value. Both values must be positive numbers. The calculator will show both the dollar amount increase and the percentage increase.
Q1: Should I include renovation costs in the old price?
A: No, the old price should reflect only the purchase price. Renovation costs can be considered separately when evaluating total investment.
Q2: How does this differ from annual appreciation rate?
A: This shows total increase. For annual rate, divide by number of years owned.
Q3: What's a good percentage increase for real estate?
A: Varies by market, but historically U.S. homes appreciate 3-5% annually on average.
Q4: Does this account for inflation?
A: No, this is nominal increase. For real increase, adjust old price for inflation first.
Q5: Can I use this for commercial properties?
A: Yes, the calculation works for any asset where you want to measure value increase.