Houses get old, houses go into maintenance and they depreciate in value over the time. I am pretty sure this is not the case as mentioned in the OP.
They are only valued if they are some sort of big houses like mansions with its own property (land/garden/ponds/golf ground) I hope you have imagined already what kind of property I am talking about here.
Those are the properties which gets highly paid over the time. However, most of them get valued based on the real estate land and its location.
But usually that isnt the bucket for everyone out here. So look for the properties right, not every of them would appreciate in value all the time.
If we do really invest or put up money on real estate's, then the main consideration would really be on its location whether its placed within the city or into the vicinity which it does have potential for future development.
Its true that appreciation of lots and buildings is really there but not all the time where it do ends up on positive plus its not something cheap for someone to make out investment through it.
House is a liability yet it do really consumes out maintenance or something that would really be giving out expenses unless if you do have a house and it is for rent then it is
something considered as asset.We should know on how to differentiate in between things.