To find the y-intercept of the given equation, we need to set x = 0 and evaluate the equation V(x).
When x = 0, the equation becomes:
V(0) = 500(0)^2 - 500(0) + 125,000
= 0 - 0 + 125,000
= 125,000
Therefore, the y-intercept is 125,000.
In terms of the value of the home, the y-intercept represents the initial value of the home when x = 0, which in this case is $125,000. This means that in the year 2020 (x = 0), the value of the home is $125,000.