Depreciation, a loss in worth over time, can impression a house’s sale worth. For example, a house bought for $200,000 that depreciates to $150,000 after 10 years will possible promote for lower than its unique buy worth.
Depreciation performs a vital position in actual property, affecting property values and funding choices. Traditionally, it has been a key think about figuring out tax deductions and funding methods for householders and buyers alike.
