What property appreciates the most?

Question: What type of property appreciates faster – condo, townhouse, or single-family? Answer: Since 2012, the data is clear – single-family homes appreciate the fastest, followed by townhouses/duplexes, and then condos. Since 2012, the average single-family home has appreciated 69% compared to 27% for condos.

eliresidential.com - Which Property Types Appreciate Faster? - Eli Residential Group

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Question: What type of property appreciates faster – condo, townhouse, or single-family?

Answer: Since 2012, the data is clear – single-family homes appreciate the fastest, followed by townhouses/duplexes, and then condos. Since 2012, the average single-family home has appreciated 69% compared to 27% for condos. This pattern was true before the pandemic market sent single-family home prices through the roof (see 2016/2018 numbers below), but was amplified over the last two years as demand intensified for

single-family homes.

South Arlington Appreciating Faster Than North Arlington

Based on appreciation since 2012, South Arlington has been a better investment than North Arlington for all three property types. I expect that trend to continue as new construction picks up steam in South Arlington, Columbia Pike development continues to thrive, and Amazon HQ2 expands hiring.

Two-Bedroom Condos Appreciate Faster Than One-Bedroom

Two-bedroom condos consistently offer a higher return than comparable one-bedroom units. South Arlington condos have appreciated so much since 2012 that even a one-bedroom condo in South Arlington has produced a higher percentage return than a two-bedroom condo in North Arlington since 2012. Of course, return on investment isn’t the only consideration when buying a home and you certainly need a lot more money to afford a single-family home (avg over $1.3M in 2022) than a condo (avg $533k in 2022) and a 2BR condo (avg $633k in 2022) over a 1BR (avg $377k in 2022), but for most buyers, having a good understanding of how historical returns compare by property type and size should influence decision-making. But please don’t forget that most single-family homes will also require a much higher maintenance, repair, and replacement budget than townhouses and condos (even accounting for condo fees) in order to access those higher long term returns. If you’d like to discuss buying, selling, investing, or renting, don’t hesitate to reach out to me at Eli@EliResidential.com. If you’d like a question answered in my weekly column or to discuss buying, selling, renting, or investing, please send an email to Eli@EliResidential.com. To read any of my older posts, visit the blog section of my website at EliResidential.com. Call me directly at (703) 539-2529. Video summaries of some articles can be found on YouTube on the Ask Eli, Live With Jean playlist. Eli Tucker is a licensed Realtor in Virginia, Washington DC, and Maryland with RLAH Real Estate | @properties, 4040 N Fairfax Dr #10C Arlington VA 22203. (703) 390-9460.

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Can I put a living roof on my shed?

Small projects such as garden sheds and garage roofs can be undertaken by virtually anyone. Adding a green roof area to your home or garden does not only aesthetically improve your garden, but provides a great tool for assisting in tackling the effects of climate change. There are three types of green roofs; 1.

gardentopsoildirect.co.uk - How to Build a Roof Garden | Creating A Green Roof

Creating Your Own Green Roof

Green roofs are becoming increasingly popular in urban areas to provide green space and aesthetic diversity to a built up landscape. They provide many benefits such as improving air quality, providing a fabulous habitat for wildlife, slowing water runoff and preventing gutters from overflowing. Small projects such as garden sheds and garage roofs can be undertaken by virtually anyone. Adding a green roof area to your home or garden does not only aesthetically improve your garden, but provides a great tool for assisting in tackling the effects of climate change.

There are three types of green roofs;

1. Lightweight Extensive – the simplest roof type that is very low maintenance using sedum plant. 2. Extensive – the one we like! Using a mixture of sedum and wild flowers. Supports more wildlife than sedum alone. 3. Semi-intensive- more like a garden than a roof top. Using a mixture of ornamental plants, herbs and small shrubs. High maintenance and requires professional help to construct.