Real Estate

Real estate is one of the manual asset types you can add under Net Worth. Each property you track contributes to your overall net worth and appears on the historical net worth chart, so you can see how your property holdings shape your financial position over time.

Cadence stores a snapshot of every valuation you record, which means your net worth chart reflects the full history of how your property values have moved - not just the most recent figure. Whether you own a single home or a small portfolio of investment properties, real estate tracking gives you a place to centralise the picture.

Follow these steps to add a property to your net worth:

1. Open the Net Worth page.
2. Tap “Add Asset” and choose Real Estate.
3. Give the property a recognisable name, such as the street or a nickname.
4. Enter the current estimated value.
5. Choose how to handle the mortgage, if there is one (see below).
6. Optionally add the purchase price and purchase date for context.

Once saved, the property will appear in your assets and start contributing to your net worth immediately.

Property values move with the market, so it is worth refreshing your estimates periodically. When you update a value in Cadence, a new snapshot is added to that property's history. Your net worth chart picks up the change on the date you record it, which keeps the long-term trend honest.

A reasonable cadence is to re-value after a formal appraisal, after a refinance, or whenever you have fresh comparable sales in your area. You don't need to track tiny weekly fluctuations - quarterly or annual updates are enough for most homeowners.

The mortgage is entered inside the property form itself, so you don't need to add it separately under Credit Cards & Loans. The form offers three modes:

• No mortgage— The property is owned outright, so its full value counts as an asset.
• Link a mortgage— Attach an existing synced or manual loan you already track, so the property and its debt stay connected.
• Add a mortgage— Enter the balance, institution, rate, amortisation, and renewal date. Cadence automatically creates a linked liability for you from those details.

However you record it, the accounting is the same: the property contributes to your assets, the mortgage subtracts from them, and the difference is the equity you actually hold. Because the two are linked rather than merged, each can move on its own schedule - your home value might drift up while your mortgage balance ticks down with each payment.

Both primary residences and investment properties roll into net worth the same way: their value counts as an asset and any associated mortgage counts as a liability. The distinction matters for how you think about the numbers, not how Cadence calculates them.

For a primary residence, the value is mostly a long-horizon figure - you live there, so it isn't liquid in any practical sense. For an investment property, you may want to track value alongside rental income separately so you can reason about yield. Naming each property clearly in Cadence helps you keep the two mental buckets separate even though the math is identical.