Real Estate Appreciation for Ames, Iowa: + 11.73%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Ames, Iowa MSA appreciated + 11.73% (+ 3.91% yearly) for the period between 1999 and the end of 2001.
The state had + 12.81% total appreciation (+ 4.27% yearly).
The state average for Iowa was higher than the real estate appreciation in the Ames, Iowa MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 9.28% faster than this MSA.
Ames-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $100,000.00 in 1999, you could multiply by + 11.73%, add the gain and see the home should be worth $111,725.35 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1999 to 2001:
+ 3.91%
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 .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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