Real Estate Appreciation for Ames, Iowa: + 11.71%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Ames, Iowa MSA appreciated + 11.71% (+ 5.85% yearly) between 1993 and the end of 1994.
The state of IA had + 11.64% total appreciation (+ 5.82% yearly).
The Ames, Iowa MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 0.54% faster than the state as a whole.
Ames-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 89.47 | + 0.80% | + 3.20% |
| 1993 | 3 | 91.68 | + 2.47% | + 9.88% |
| 1993 | 4 | 92.76 | + 1.18% | + 4.71% |
| 1994 | 1 | 93.45 | + 0.74% | + 2.98% |
| 1994 | 2 | 97.34 | + 4.16% | + 16.65% |
| 1994 | 3 | 96.84 | - 0.51% | - 2.05% |
| 1994 | 4 | 99.15 | + 2.39% | + 9.54% |
There are a lot of ways to use the appreciation data for Ames, Iowa .
Lets look at Ames, 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 Ames, Iowa check out Spec-Loan.com
If you were going to do a Ames, Iowa Refinance, or Ames, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Ames, Iowa home was worth $87,000.00 in 1993, you could multiply by + 11.71%, add the gain and see the home should be worth $97,183.98 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1993 to 1994:
+ 5.85%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
Zip Code in MSA: 50010 - AMES, IA
MSA Pop: 83021Zip Pop: 24991
Avg Value: 118800
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.02752
Long: -93.636937