Real Estate Appreciation for Abilene, Texas: + 25.24%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Abilene, Texas MSA appreciation it was + 25.24% (+ 3.15% yearly) from 1994 to 2001.
During the same time period, TX had + 35.31% (+ 4.41% yearly).
From 1994 to 2001, Texas outperformed the individual Abilene, Texas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Abilene-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Abilene-TX here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Texas, you can do some research at Spec-Loan.com.
If you were going to do a Buffalo Gap, Texas Refinance, or Buffalo Gap, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Buffalo Gap, Texas home was worth $95,000.00 in 1994, you could multiply by + 25.24%, add the gain and see the home should be worth $118,976.24 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Abilene-TX from 1994 to 2001:
+ 3.15%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 79508 - BUFFALO GAP, TX
MSA Pop: 158488Zip Pop: 1118
Avg Value: 60400
County: TAYLOR
Elev: 1718
Region: South
Lat: 32.341415
Long: -99.752239