Why do old homes sell for more than new homes?

November 15, 2014 | Category: Kristopher Kent, NV, NV Homes for Sale, Reno | Tags: 89509, 89523, Biggest Little Home Sales, Homes in Reno

Great question with an easy answer, Location, Location, Location! Real estate is like a commodity, if there isn’t a lot available in an area, then it is bound to go up in value. Case in point, resale homes continue to rise in value in Reno, NV.

Kristopher Kent, Realtor^®
Managing Broker
Phone: 775-870-4280
Fax: 775-870-4281
Kris@Reno-Realty.com