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The increase in value of an asset over time. If you purchased a property for $500,000 10 years ago and the property is now valued at $1,000,000, the property has appreciated in value by $500,000.
The increase in value of an asset over time. If you purchased a property for $500,000 10 years ago and the property is now valued at $1,000,000, the property has appreciated in value by $500,000.
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