Want to know what your home could be worth in ten years? Use the future value formula to get a good idea!

Remember, this is not a guarantee. Real estate markets are dependent on many factors. But it is a good reminder that time in the market is often times more important than timing the market. Read that again 🙂.

Time in the market is often times more important than timing the market. 🏡

Every situation is unique and every decision shouldn’t be solely driven by mathematical equations. But you can use this formula to help guide you when weighing whether to buy or to keep renting.

Your home sale price is only part of the story. What really matters is what you walk away with. Your net proceeds is the number that usually impacts your next move.

That means looking at things like your mortgage payoff, closing costs, commissions, repairs, credits, taxes, and any other expenses tied to the sale.

Because taxes vary please note I did not include them in the video above.

If you’re curious about what your estimated net proceeds would be in a home sale please feel free to reach out.