What is the top factor affecting real estate appreciation? Many assume that it's the economy. It goes without saying that mortgage rates, employment, job growth, government programs and quite a few other national determinants have a noticeable impact on your house's value. However, your house's value and the features that play the biggest role in its appreciation depend on the local Puyallup economy and housing market.

Location in a community - Proximity to jobs and schools also have a significant impact on almost all home buyers' decisions. So when it comes to retaining their value, these regions usually appreciate the best.

Recent sales - Your real estate agent should give you reports on the recent real estate sales in the districts that you'd like to live in. You'll want to know average time on market, selling versus listing price and more.

History of appreciation - In the last 5-10 years, have home prices increased or decreased? Does location or affordability affect how desirable the area is believed to be?

Local economy - Is there a nice mixture of jobs in an area, or does it rely upon just one industry? Have businesses moved into or away from an area? Are local businesses hiring? All these play a role.