Real Estate Appreciation for Ames, Iowa: + 16.82%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Ames, Iowa: + 16.82%
- State of IA: + 18.00%
- Difference: - 6.60%
Ames-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2000 | 1 | 123.22 | + 1.32% | + 5.26% |
| 2000 | 2 | 125.47 | + 1.83% | + 7.30% |
| 2000 | 3 | 126.87 | + 1.12% | + 4.46% |
| 2000 | 4 | 127.91 | + 0.82% | + 3.28% |
| 2001 | 1 | 129.41 | + 1.17% | + 4.69% |
| 2001 | 2 | 131.46 | + 1.58% | + 6.34% |
| 2001 | 3 | 132.89 | + 1.09% | + 4.35% |
| 2001 | 4 | 133.59 | + 0.53% | + 2.11% |
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 Ames, 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 Ames, Iowa Refinance, or Ames, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Ames, Iowa home was worth $99,000.00 in 1998, you could multiply by + 16.82%, add the gain and see the home should be worth $115,647.17 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1998 to 2001:
+ 4.20%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
In contrast, the worst 5 MSAs from 1998 to 2001 were Wenatchee-WA, Midland-TX, Albuquerque-NM, Grand-Forks-ND-MN, and Springfield-IL .
- Wenatchee-WA only increased + 5.36% between 1998 and 2001
- Midland-TX only increased + 5.49% between 1998 and 2001
- Albuquerque-NM only increased + 5.79% between 1998 and 2001
- Grand-Forks-ND-MN only increased + 6.02% between 1998 and 2001
- Springfield-IL only increased + 6.24% between 1998 and 2001
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