Housing Inequality in America

Condition

The condition of a home can also affect its appreciation. A well-maintained home will often appreciate at a higher rate than one that is in need of repairs. Maintaining the condition of a home requires close attention to what may seem like little issues. They can easily compound into a major problem for a homeowner that requires substantial financial resources to remedy. A home that falls into disrepair can easily begin to depreciate, meaning the home can lose value.

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