Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Ames, Iowa MSA appreciation it was + 8.56% (+ 4.28% yearly) from 2004 to 2005.

During the same time period, IA had + 10.49% (+ 5.24% yearly). From 2004 to 2005, 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
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 $109,000.00 in 2004, you could multiply by + 8.56%, add the gain and see the home should be worth $118,326.41 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ames-IA from 2004 to 2005:
+ 4.28%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 50010 - AMES, IA

MSA Pop: 83021
Zip Pop: 24991
Avg Value: 118800
County: STORY
Elev: 1003
Region: Midwest
Lat: 42.02752
Long: -93.636937