Real Estate Appreciation for Ames, Iowa: + 86.02%
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 + 86.02% (+ 6.14% yearly) for the Ames, Iowa MSA.
The entire state of IA had + 92.21% appreciation (+ 6.59% 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 + 7.20%.
Ames-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Gilbert, Iowa click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Ames, Iowa.
If you were going to do a Gilbert, Iowa Refinance, or Gilbert, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Gilbert, Iowa home was worth $97,000.00 in 1992, you could multiply by + 86.02%, add the gain and see the home should be worth $180,436.64 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1992 to 2005:
+ 6.14%
Appreciation Comparisons
For a 14 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +471.91% from 1976 thru 1989
- Honolulu-HI increased +338.44% from 1978 thru 1991
- San-Jose-Sunnyvale-Santa-Clara-CA increased +337.52% from 1977 thru 1990
- Oxnard-Thousand-Oaks-Ventura-CA increased +325.36% from 1977 thru 1990
- Santa-Rosa-Petaluma-CA increased +309.66% from 1977 thru 1990
The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .
- Midland-TX lost - 26.68% from 1982 to 1995
- Midland-TX lost - 24.58% from 1983 thru 1996
- Odessa-TX lost - 17.25% from 1984 thru 1997
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
Zip Code in MSA: 50105 - GILBERT, IA
MSA Pop: 83021Zip Pop: 1126
Avg Value: 114800
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.105958
Long: -93.646269