As we all know, houses that have lived for many years are generally older. And because urban land is national land. The old house that has lived for 70 years is probably not privately owned but recycled by the state. So generally speaking, this antique house is worthless. But if this old house is facing demolition, then this house is very valuable. Because generally speaking, the demolition area will get the demolition compensation before the demolition. If the old house is facing demolition, it will be very valuable.
If a new shopping mall or business circle is to be built near this old house, the market value of this old house will definitely go up in the future. Because there is a shopping mall near home, it shows that shopping and life in this area are very convenient. So the price of old houses will definitely go up. If there is a new school nearby or a new university town to be built, then the old house will be more valuable in the future.
For example, in the old city here, the previous house price was only over 3,000 square meters. As the university was built nearby, the houses in the old city became 70,000 square meters. So if you want to build a school near the old house, it will definitely appreciate in the future. If the three generations who live in the old house are lucky, the house will appreciate. For example, everyone who lives here has been promoted and made a fortune, so this house is called Wang Zhai, which is likely to sell at a high price in the future.