Real Estate Appreciation for Amarillo, Texas: + 70.62%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Amarillo, Texas MSA appreciated + 70.62% (+ 5.88% yearly) between 1993 and the end of 2004.
The state of TX had + 54.07% total appreciation (+ 4.51% yearly).
The Amarillo, Texas MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 30.61% faster than the state as a whole.
Amarillo-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Lets look at White Deer, Texas, a city located in Amarillo, Texas MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a White Deer, Texas Refinance, or White Deer, Texas Reverse Mortgages, you could estimate your home value.
If you knew your White Deer, Texas home was worth $97,000.00 in 1993, you could multiply by + 70.62%, add the gain and see the home should be worth $165,498.99 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Amarillo-TX from 1993 to 2004:
+ 5.88%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 79097 - WHITE DEER, TX
MSA Pop: 233231Zip Pop: 1265
Avg Value: 53200
County: CARSON
Elev: 3456
Region: South
Lat: 35.430818
Long: -101.175197