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 + 20.75% (+ 3.46% yearly) for the period between 2001 and the end of 2006.

The state had + 26.30% total appreciation (+ 4.38% 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 + 26.78% faster than this MSA.

Ames-IA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation


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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 $107,000.00 in 2001, you could multiply by + 20.75%, add the gain and see the home should be worth $129,200.37 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ames-IA from 2001 to 2006:
+ 3.46%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Anchorage-AK lost - 33.17% from 1984 thru 1989
  2. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 50012 - AMES, IA

MSA Pop: 83021
Zip Pop: 0
Avg Value: 0
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.0227
Long: -93.649394