There are differences between individual properties and between neighborhoods. In one area of the Village residential sales may indicate a substantial increase in value in a given year. In another neighborhood the increase may not be significant.
Different types of properties within the same neighborhood may also show different value changes. For example, one-story houses may be more in demand than two-story houses, or vice-versa. Older homes in the same area may be rising in value more slowly than newer homes.
Generally, commercial and industrial properties do not appreciate at the same rate as single family residential homes.
Additional Factors
There are numerous factors to be considered in the Village of Plover, which will cause each property's values to differ. Some of the factors that can affect value are location, condition, size, quality, number of baths, basement finish, garages, and many others.