Ais generally considered an appreciating assect because it may in value over time

A house is generally considered an appreciating asset because it may increase in value over time.
This is because when you buy a house, over time you are probably going to invest in it, change it a bit, add more rooms, change the old equipment, etc. which will all contribute to the increase of its value in the future. This is why it is an appreciating asset. 

Bis correct you