[quote=sdrealtor]My experience has been that custom homes dont necessarily hold value better. They tend to be built more specific to the desires of the original owner and become functionally obsellete quicker. They also tend to be more expensive and that in and of itself is detrimental to a higher appreciation rate. Its all about location. Beach houses appreciated more and happen to be mostly custom builds. If they threw tracts on oceanfront lots in the 60’s and 70’s you would see higher appreciation also[/quote]
That’s my assumption as well, but I don’t have data to back up my assumption. At the end of the day, it’s all about location location location. With that said, based on your experience, what make a location ideal? proximity to the beach, jobs, entertainment, etc? Do you think older areas appreciate more as well because it’s built out? Supply/demand?
