Real Estate Appreciation for Ames, Iowa: + 30.62%
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 + 30.62% (+ 4.37% yearly) for the period between 1999 and the end of 2005.
The state had + 35.35% total appreciation (+ 5.05% 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 + 15.46% faster than this MSA.
Ames-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
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 $104,000.00 in 1999, you could multiply by + 30.62%, add the gain and see the home should be worth $135,842.77 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 1999 to 2005:
+ 4.37%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2005 were Salinas-CA, Merced-CA, Naples-Marco-Island-FL, Vallejo-Fairfield-CA, and Modesto-CA .
- Salinas-CA increased +208.13% from 1999 to the end of 2005
- Merced-CA increased +193.70% from 1999 to the end of 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 to the end of 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 to the end of 2005
- Modesto-CA increased +182.15% from 1999 to the end of 2005
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
Zip Code in MSA: 50013 - AMES, IA
MSA Pop: 83021Zip Pop: 0
Avg Value: 0
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.019645
Long: -93.644794