Home Plumbing Contractor Free Plumbing and Heating Contractor Business Plan 4.29 Market Value of Owned Home by Area Type Nationally Analysis
In order to analyze the market value of owned homes by type of area we have broken the national home ownership data into the following categories:
The results of this analysis were of course not surprising at all. On average a home in an urban area was worth $141,803 in 2014 and a home in a rural area was worth $109,405. What is surprising however is the fact that homes in rural areas are showing a slightly higher appreciation of 12.9% during the time frame of 2004 to 2013 as compared to a 11.3% appreciation in the value of urban homes.
This appreciation in the value of rural homes can be attributed to the fact that homes in urban areas did see a huge spike up in their valuation during the real estate bubble of 2006. However some of the steepest falls in in home values have been recorded in the same urban areas which have also seen very high rates of foreclosures and properties being under water where homeowners actually owe more on their mortgages than the value of their properties.
For a plumbing contractors Felix and Michael, rural properties can be as good a source of income as urban properties. Clearly an urban apartment building with an indoor water heater will present Central Plumbing and Heating with the opportunity for replacing these heaters every 7 years where as this can hardly be expected in an home situated in a rural area since these homes tend to have boilers.
Thus while the name of work may change in rural homes and urban homes, it would be to the advantage of Felix and Mike to market their services to all home owners while taking care to market certain specialties that are unique to each type of home.
The Foundation Grant Directory is a free listing of sources for grants by state. Why not look if there is some free money out there for your business. Hey - you never know!
The Business Loan Application covers every item you will need in your loan package and tells you how to get approved for business loans.
Fire your loan broker and use our Free Business Loans Bank / Lender Directory to find every bank in the country lending to small businesses.