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 + 11.30% (+ 3.77% yearly).

All of the property in IA averaged + 12.42% change in value (+ 4.14% yearly).

Ames-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 119.57 + 1.09% + 4.36%
1999 2 121.65 + 1.74% + 6.96%
1999 3 122.33 + 0.56% + 2.24%
1999 4 121.62 - 0.58% - 2.32%


Lets look at Ames, Iowa, a city located in Ames, Iowa MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $96,000.00 in 1997, you could multiply by + 11.30%, add the gain and see the home should be worth $106,850.19 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ames-IA from 1997 to 1999:
+ 3.77%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 50011 - AMES, IA

MSA Pop: 83021
Zip Pop: 0
Avg Value: 0
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.022675
Long: -93.642525