House values appreciate and depreciate over time.  But in Western New York, it looks like things are on their way up for real estate.

This is according to a report done by business journals from real estate website Zillow.com.  The study was based on estimated home values for America’s 60 largest metropolitan areas.  Buffalo came in at 27 after a seven-year gain of 29.1 percent in the value of the typical home.

What does that mean in dollars and cents?  If you bought a house in 2010 for $115,400, on average your house could be worth $149,000 in 2017.

That's huge.

So you earn some pretty good money just for owning a house (and maintaining it) in Western New York.

 

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