Real Estate Appreciation for Ames, Iowa: + 15.85%
Appreciation for MSAs:.
Let's start by comparing Ames, Iowa to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 15.85% (+ 3.96% yearly) for the Ames, Iowa MSA.
The entire state of IA had + 18.92% appreciation (+ 4.73% yearly).
The state average for Iowa was higher than the real estate appreciation in the Ames, Iowa MSA. This means the conditions in the MSA for real estate investment were worse by + 19.38%.
Ames-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 143.87 | - 0.01% | - 0.06% |
| 2004 | 2 | 147.21 | + 2.32% | + 9.29% |
| 2004 | 3 | 149.2 | + 1.35% | + 5.41% |
| 2004 | 4 | 148.94 | - 0.17% | - 0.70% |
| 2005 | 1 | 148.46 | - 0.32% | - 1.29% |
| 2005 | 2 | 153.13 | + 3.15% | + 12.58% |
| 2005 | 3 | 156.09 | + 1.93% | + 7.73% |
| 2005 | 4 | 156.18 | + 0.06% | + 0.23% |
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 $107,000.00 in 2002, you could multiply by + 15.85%, add the gain and see the home should be worth $123,961.58 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ames-IA from 2002 to 2005:
+ 3.96%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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