When you look at a property for sale, you may not be thinking about the investment potential. Many people only see a home, but it’s important to remember your house will appreciate or depreciate over time. Making a smart purchase can quickly surpass the gains of stocks and similar investment options, and you’ll find a few of the key advantages below.

3 Advantages of Investing in a Property for Sale

1. Guaranteed Growth

You may have heard that the real estate industry is highly volatile, and it can be. You may go through many years where your property’s value goes down. However, historically, they always return to the baseline, and as more and more people develop and move into an area, home values eventually climb. It can happen in a few months or a decade; ultimately, you can count on gains as long as you’re strategic and patient.

2. Better Stability

Again, the real estate market can be volatile, but it’s nowhere near as volatile as the stock market. The longer you hold on to a property, the less likely you are to lose money. The stock market has a number of outside influences that can alter it; however, if the market increases, so does the value of your home because booming real estate feeds many stocks. You also have physical control of your property, which decreases volatility.

3. Tax Advantages

There are a variety of tax benefits you’ll enjoy when you purchase a property for sale, making the investment even more worthwhile. You can reduce mortgage interest; write off expenses for property taxes and depreciation, or enjoy deductions on income from any properties you rent out. Collectively, these can lead to significant gain and savings, which is why you should always consult with a real estate agent for advice when looking at houses for sale.

JoAnn Meier at RE/MAX First Choice remains Waterloo, IL’s most trusted real estate agent. If you’re interested in investing in a property for sale, she can provide the guidance needed to make a sound purchase. When it comes time to sell for profit, she’ll also be at your side, and she’s committed to working step by step with clients. Call (618) 939-6003 today to schedule a consultation, or browse listings on her website.