Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Ames, Iowa MSA appreciation it was + 16.77% (+ 4.19% yearly) from 2000 to 2003.

During the same time period, IA had + 17.84% (+ 4.46% yearly). From 2000 to 2003, Iowa outperformed the individual Ames, Iowa MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Ames-IA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2002 1 134.81 + 0.91% + 3.65%
2002 2 134.99 + 0.13% + 0.53%
2002 3 136.92 + 1.43% + 5.72%
2002 4 137.52 + 0.44% + 1.75%
2003 1 138.39 + 0.63% + 2.53%
2003 2 138.75 + 0.26% + 1.04%
2003 3 140.91 + 1.56% + 6.23%
2003 4 143.89 + 2.11% + 8.46%


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 $103,000.00 in 2000, you could multiply by + 16.77%, add the gain and see the home should be worth $120,278.12 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ames-IA from 2000 to 2003:
+ 4.19%

Appreciation Comparisons

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
  2. Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
  3. Modesto-CA increased + 69.30% from 2000 to the end of 2003
  4. San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
  5. San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003

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