What is the formula to find out average percent increase in a price of a house?
549479
The prior answer is exactly right, but as far as a general rule goes:\n\nDivide the current value by the present value - here, $200,000 divided by $100,000 = 2\n\nIf you want to figure out the average increase over x periods, simply take the xth root of the quotient you calculated above.\n\nHere, again, for example, you're looking for the 5th root of 2, because you're trying to figure out the average increase over 5 years (therefore, the 5th root) of 2 (the quotient)\n\nSo - using that formula here:\n\nThe 5th root of 2 (the same as 2 raised to the 0.2 power) equals 1.14869.\n\nIgnore the leading 1 - you're looking for the numbers after the decimal place. Therefore, the average rate of growth is 14.869 percent per year over 5 years.\n\nThis approach should work for any similar problem.\n\nGood luck!
956724
Increase = 11877 - 3752 / 3752\n\n216%\n\nThink of a simpler example.  Say something happened 2 times today and 3 times tomorrow.  That would be 50% more tomorrow or (3-2)/2 = 1/2\n\nSome people will tell you it is 3/2, that is wrong.  The increase is not 150% in this simple case.
76657
Comparable properties should not have closing date more that 1 year old. (from the effective date of appraisal)  All property increases at different rates.  Property in high demand increases more than other property.  For example, lake property in our area increases between 5% and 8% per year.  But off water property increases between 3% and 5%.  Also interest rates will change these figures.  An appraisal should take much more than an hour.  Sometimes it can be hard to find comparables in the area that are similar to the subject.  You may have to go back 2 years, or take one from a little further distance in an area that you can consider equal to that of the subject property.  Hope this helps.
1110783
There is no "standard", just what the market will bear.\n\nBut I just heard a figure you may find interesting.  There was a survey done recently by real estate people and the average monthly rent increase is expected to be 5.3%, about double what the average increase was last year.\n\nReason given is that interests rates are rising so home purchases are slowing.  More people are staying in apartments so demand is up.  Supply is also down as many apartments are being converted to condos.\n\nSounds like you did pretty well.
502805
(Market Value of home) - (debt, loans, etc)  = equity
1073261
% increase = 126000-120000/120000 *100\n\n= 6000*100/120000 = 5%
66748
Well this is easy, what you have to do is put in the values as follows:\n\nA1 = 10000\nA2 = =(A1*0.25)+A1\nA3 to A5 jus drag the column in A2, this will compute the percentage of each column just above the column with the formula, and give the result you want.\n\nI hope this is the solution u were looking at.\n\nRegards\nChris
209443
Check your county's Property Aprraisers web site. They probably have a tool that you can use to see comparative home sales last year.
66930
Yes there is but I can't remember it off hand.\n\nThe best place to go and be able to calculate it out is morgage websites.  They have all kinds of mortage calculation tools to use.  \n\njust go to yahoo search and put in "mortgage calulator" and it should bring up a few that are good.
772568
To change "6 %" to a decimal, move it over two places not one.\n6 % = .06\n2.1 % = .021\n(If you forget, remember 10 % is one tenth or .10\nbut 1 % is one hundredth or .01)\n\nMultiply price 229 by .06 to get sales tax.\nMultiply price 130,000 by .021 to get property tax.\n\nAnother Trick: If you don't want just the tax by itself, but the final price including the tax added in, multiply the original price by 1.06 or 1.021
547680
I guess you need this for stock market prices?\n\nLet R_i be the daily price variations in percent.\nM = average of R_i \nVar = average of ( (R_i - M)^2 )\nSD = square root of Var
510658
Raise the purchase price of the house by 15%. Write up the sales contract for the asking price plus the 15%, then in the purchase contact indicate that the seller will be doing a 15% second mortgage, you will have to include terms and monthly payment and supply that info to your bank because he will include the new payment in your monthly debt ratio (DTI). After close you have the seller hand you a satisfaction of lien document. You take that down to the court house in the county where you live and remove the second lien on the property. So how this works is the following:\n\nAppraisal = $120,000\nAsking price = $100,000\n15% of asking price = $15,000\nNew Purchase Price = $115,000\nBank loan (85% of purchase price) = $97,750\nseller second = $17,250\n\nYou can move the purchase price around if needed, you may want to also consider raising the purchase price enough to have the seller pay the closing costs as well! \n\nGood luck...
1064501
This is how I would do it.\n\n 12......19\n-----  =  -----  ignore the periods in between 12/19 and 100/x\n100.....x\n\n12x = (19) (100)\n12x = 1900\n12x / 12_= 1900 / 12\nx =158.3\n\n158.3 - 100 = 58.3% increase
129625
The increase is 624$ on 3900$.The % increase is 624/3900*100=16%.\nTo cross check the answer,3900*16%=624$.
822906
Solve the equation:\n\n(Price increase)/(Original Price) x 100\n\nPlugging in our values, you get:\n\n(122776 - 1682)/(1682) x 100\n\nSolving for x, you get x = 7200% increase\n\n------------\n\nHope this helps
261404
The mathematical formula for calculating your mortgage payment is MP = LB [ (I (1+ I)n)¸((1+I)n - 1)], in which MP is the monthly payment, LB is the loan balance, I is the monthly (annual¸12) interest rate and n is the number of periods for the amortization.
179182
Hi Kate - try using http://www.uklocalarea.com/ that one is free to use . ENter the post code in top right box, then when map of area appears on left above that is button marked House Prices - click on that and it will show average prices for various types of house, i.e in my area:\n Average Price Sales \nOverall £207,091 718 \nDetached £304,958 230 \nSemi-Detached £178,873 225 \nTerraced £151,631 211 \nFlat/Maisonette £121,359 52 \n\nThere is another site http://www.myhouseprice.com/ where you can see specific actual prices for houses, but you have to pay £1.00 a go to get the actual results. But if you are interested in specifc house you may be able to find out how much the person you are buying it off paid for it!