Real Estate Appreciation for Ames, Iowa: + 77.39%
Appreciation for MSAs:.
Let's start by comparing Ames, Iowa to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 77.39% (+ 5.95% yearly) for the Ames, Iowa MSA.
The entire state of IA had + 81.06% appreciation (+ 6.24% yearly).
The state average for Iowa was higher than the real estate appreciation in the Ames, Iowa MSA. This means the conditions in the MSA for real estate investment were worse by + 4.74%.
Ames-IA
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
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Ames, Iowa .
Lets look at Colo, Iowa, a city located in Ames, Iowa 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 Colo, Iowa check out Spec-Loan.com
If you were going to do a Colo, Iowa Refinance, or Colo, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Colo, Iowa home was worth $96,000.00 in 1992, you could multiply by + 77.39%, add the gain and see the home should be worth $170,298.24 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1992 to 2004:
+ 5.95%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 2004 were Binghamton-NY, Rochester-NY, Utica-Rome-NY, Syracuse-NY, and Buffalo-Niagara-Falls-NY .
- Binghamton-NY only increased + 14.08% between 1992 and 2004
- Rochester-NY only increased + 26.77% between 1992 and 2004
- Utica-Rome-NY only increased + 29.13% between 1992 and 2004
- Syracuse-NY only increased + 31.10% between 1992 and 2004
- Buffalo-Niagara-Falls-NY only increased + 31.46% between 1992 and 2004
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
Zip Code in MSA: 50056 - COLO, IA
MSA Pop: 83021Zip Pop: 1484
Avg Value: 82100
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.017302
Long: -93.31703