This can be said to be a rise in the value of a property over a period of time. This rise in the value of a property can result from causes like addition of improvement on a property – e.g. renovating it to put it in better state of repairs or adding extensions to such buildings to enhance the value appreciation can also be said to be an increase in the value of properties due to increase in cost reproduction or reconstructing such properties. It is the value over the cost; or the value to some specified earlier point in time. It results from greater demand, improved economic conditions, increasing price levels, reversal of depreciating environmental trends, growth or other factors.
Definitions of appreciation on the Web:
- In its simplest form, appreciation refers to an increase in the value of an asset. In foreign exchange markets, it refers to an increase in the value of one currency relative to that of another – shareanalysis.com/asp/learning/glossary.asp
- An increase in the value of a property due to changes in market conditions or other causes – fultonmortgagecompany.com/Glossary.asp
- The increase over time in the value of a property caused by many factors: market conditions, inflation, changes to area around the property, etc – websiteupgrades.com/glossary/free/
- An increase in the value of a house due to changes in market conditions or other causes – https://mortapps.iucu.org/LoanComplete/library/dictionary.html
- The increase in the value of an asset – wrhambrecht.com/ind/account/tools/glossary/
- An increase in the value of a house due to market conditions or other causes – concordelending.com/glossary.htm
- An increase in the value of property due to changes in market conditions, inflation, physical improvement or other causes. The opposite of depreciation – easierhomeloans.com/glossary/glossary(a).htm
- An increase in the value of a property due to changes in market conditions or other causes. The opposite of depreciation – mortgagewarehousemb.com/gloss.htm
- An increase in value, usually on the part of a currency. The opposite of depreciation. When an appreciation is sudden and is the result of an explicit change in policy by a government, it is called a revaluation. An appreciation of foreign currency is an increase in the value of the exchange rate. By contrast, an appreciation of the dollar is a fall in the value of the exchange rate – j-bradford-delong.net/macro_online/display_glossary.html
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