Real Estate Appreciation for Ames, Iowa: + 11.24%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Ames, Iowa MSA appreciation it was + 11.24% (+ 5.62% yearly) from 1994 to 1995.
During the same time period, IA had + 10.59% (+ 5.29% yearly).
You can see that the Ames, Iowa MSA experienced higher appreciation in this case.
Ames-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 97.34 | + 4.16% | + 16.65% |
| 1994 | 3 | 96.84 | - 0.51% | - 2.05% |
| 1994 | 4 | 99.15 | + 2.39% | + 9.54% |
| 1995 | 1 | 100 | + 0.86% | + 3.43% |
| 1995 | 2 | 99.99 | - 0.01% | - 0.04% |
| 1995 | 3 | 104.42 | + 4.43% | + 17.72% |
| 1995 | 4 | 103.95 | - 0.45% | - 1.80% |
Some of the ways peope use our appreciation data for Ames, Iowa include real estate investment .
Lets look at Ames, Iowa, a city located in Ames, Iowa MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $89,000.00 in 1994, you could multiply by + 11.24%, add the gain and see the home should be worth $99,000.00 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1994 to 1995:
+ 5.62%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, Ogden-Clearfield-UT, and Flagstaff-AZ-UT .
- Salt-Lake-City-UT increased + 24.08% from 1994 to the end of 1995
- Provo-Orem-UT increased + 23.82% from 1994 to the end of 1995
- Logan-UT-ID increased + 23.20% from 1994 to the end of 1995
- Ogden-Clearfield-UT increased + 23.19% from 1994 to the end of 1995
- Flagstaff-AZ-UT increased + 22.07% from 1994 to the end of 1995
In contrast, the worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .
- Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
- Binghamton-NY decreased by - 8.46% between 1994 and 1995
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
- Kingston-NY decreased by - 7.85% between 1994 and 1995
- Ithaca-NY decreased by - 7.18% between 1994 and 1995
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