Real Estate Math

A Nevada investor pays $275,000 for a rental property. After one year, the property is worth $299,750. What is the percentage appreciation?

A8.1%

B9.0%✓ Correct

C7.5%

D10.0%

Explanation

Appreciation = ($299,750 - $275,000) ÷ $275,000 = $24,750 ÷ $275,000 = 0.09 = 9.0%. Nevada real estate, particularly in the Las Vegas metro, has historically experienced strong appreciation cycles, making this type of calculation common for investor analysis.

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