Real Estate Appreciation for Amarillo, Texas: + 16.54%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Amarillo, Texas did compared to the state as a whole.
The Amarillo, Texas MSA property value change was + 16.54% (+ 4.14% yearly).
All of the property in TX averaged + 20.90% change in value (+ 5.22% yearly).
Amarillo-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 106.42 | + 0.61% | + 2.42% |
| 1997 | 3 | 107.24 | + 0.77% | + 3.08% |
| 1997 | 4 | 109.59 | + 2.19% | + 8.77% |
| 1998 | 1 | 108.95 | - 0.58% | - 2.34% |
| 1998 | 2 | 109.16 | + 0.19% | + 0.77% |
| 1998 | 3 | 111.03 | + 1.71% | + 6.85% |
| 1998 | 4 | 111.55 | + 0.47% | + 1.87% |
| 1999 | 1 | 112.26 | + 0.64% | + 2.55% |
| 1999 | 2 | 115.54 | + 2.92% | + 11.69% |
| 1999 | 3 | 117.96 | + 2.09% | + 8.38% |
| 1999 | 4 | 118.25 | + 0.25% | + 0.98% |
| 2000 | 1 | 120.13 | + 1.59% | + 6.36% |
| 2000 | 2 | 120.03 | - 0.08% | - 0.33% |
| 2000 | 3 | 122.41 | + 1.98% | + 7.93% |
| 2000 | 4 | 123.28 | + 0.71% | + 2.84% |
There are a lot of ways to use the appreciation data for Amarillo, Texas .
Lets look at Canyon, Texas, a city located in Amarillo, 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 Canyon, Texas check out Spec-Loan.com
If you were going to do a Canyon, Texas Refinance, or Canyon, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Canyon, Texas home was worth $97,000.00 in 1997, you could multiply by + 16.54%, add the gain and see the home should be worth $113,047.46 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Amarillo-TX from 1997 to 2000:
+ 4.14%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 79016 - CANYON, TX
MSA Pop: 233231Zip Pop: 0
Avg Value: 0
County: RANDALL
Elev: 3551
Region: South
Lat: 34.97958
Long: -101.93082