Home Equity Appreciation for Abilene, Texas: + 17.35%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Abilene, Texas MSA appreciated + 17.35% (+ 2.89% yearly) between 1993 and the end of 1998.
The state of TX had + 17.91% total appreciation (+ 2.99% yearly).
The state average for Texas was higher than the real estate appreciation in the Abilene, Texas MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 3.27% faster than this MSA.
Abilene-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1995-1998 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Abilene, Texas .
Lets look at Avoca, Texas, a city located in Abilene, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Avoca, Texas check out Spec-Loan.com
If you were going to do a Avoca, Texas Refinance, or Avoca, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Avoca, Texas home was worth $91,000.00 in 1993, you could multiply by + 17.35%, add the gain and see the home should be worth $106,784.82 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Abilene-TX from 1993 to 1998:
+ 2.89%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 79503 - AVOCA, TX
MSA Pop: 158488Zip Pop: 284
Avg Value: 43800
County: JONES
Elev: 1731
Region: South
Lat: 32.89308
Long: -99.6903