## Calculate The Future Value of Your Home

For calculating the future value of your home using the Future Home Value Calculator, you’d need the following information.

### Current Price of Home

You can estimate the price of your home through various methods such as researching the selling price of similar houses in your neighborhood, checking online listings of homes in your neighborhood, or using an estimation tool such as Zillow’s Zestimate.

### Expected Annual Growth Rate in Home Price

You can come up with an expected annual growth rate in the price of your home based on a combination of methods and research. Some of the tools include market research reports, real estate experts in your area, and historical growth rates of the prices of properties in your area, etc.

### Time Period

This is something you can pick for yourself – based on how far into the future you’d like to check the home value for. This could be any number – 5 years, 10 years, 15 years, 20 years, etc.

## How To Use Future Home Value Calculator

Collect the three values as discussed in the section above, i.e., current price, expected annual growth rate, and time period.

Once you have all the input values ready, you can use the online Future Home Value Calculator (which is a modified version of the Reverse CAGR Calculator).

- Let’s say I have a home and the current price of the home is $500,000.
- I am expecting a 3% per year rise in the price of the home based on my research.
- And, I want to know the future value of my home in 10 years from now.

I go ahead and input the values in the Future Home Value Calculator, and hit the ‘Calculate Future Value’ button to get the answer.

In this case, the predicted future value of my home is $671,958 in 10 years.

Simple, there you have it!

## Limitations of Future Home Value Calculator

There are many assumptions that make this future home value calculator work. The predicted future value will change if there are changes in the market conditions, broad macroeconomic changes, some real estate development in the area that could make the house prices rise or fall faster than the expected annual growth rate used in the calculator.

There are plenty of variables that can change the future value of your home, but the Future Home Value Calculator should provide a good estimate to work with.