Real Estate Appreciation for Ames, Iowa: + 18.28%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Ames, Iowa did compared to the state as a whole.
The Ames, Iowa MSA property value change was + 18.28% (+ 4.57% yearly).
All of the property in IA averaged + 19.16% change in value (+ 4.79% yearly).
Ames-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 99.99 | - 0.01% | - 0.04% |
| 1995 | 3 | 104.42 | + 4.43% | + 17.72% |
| 1995 | 4 | 103.95 | - 0.45% | - 1.80% |
| 1996 | 1 | 103.86 | - 0.09% | - 0.35% |
| 1996 | 2 | 106.93 | + 2.96% | + 11.82% |
| 1996 | 3 | 106.2 | - 0.68% | - 2.73% |
| 1996 | 4 | 106.63 | + 0.40% | + 1.62% |
| 1997 | 1 | 109.27 | + 2.48% | + 9.90% |
| 1997 | 2 | 110.73 | + 1.34% | + 5.34% |
| 1997 | 3 | 112.66 | + 1.74% | + 6.97% |
| 1997 | 4 | 113.73 | + 0.95% | + 3.80% |
| 1998 | 1 | 114.36 | + 0.55% | + 2.22% |
| 1998 | 2 | 114.52 | + 0.14% | + 0.56% |
| 1998 | 3 | 118.04 | + 3.07% | + 12.29% |
| 1998 | 4 | 118.28 | + 0.20% | + 0.81% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $93,000.00 in 1995, you could multiply by + 18.28%, add the gain and see the home should be worth $110,000.40 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1995 to 1998:
+ 4.57%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
Zip Code in MSA: 50011 - AMES, IA
MSA Pop: 83021Zip Pop: 0
Avg Value: 0
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.022675
Long: -93.642525