Real Estate Appreciation for Anchorage, Arkansas: + 13.71%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Anchorage, Arkansas MSA appreciation it was + 13.71% (+ 3.43% yearly) from 1994 to 1997.
During the same time period, AK had + 15.96% (+ 3.99% yearly).
From 1994 to 1997, Arkansas outperformed the individual Anchorage, Arkansas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Anchorage-AK
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 99.23 | + 1.97% | + 7.89% |
| 1994 | 3 | 100.4 | + 1.18% | + 4.72% |
| 1994 | 4 | 98.59 | - 1.80% | - 7.21% |
| 1995 | 1 | 100 | + 1.43% | + 5.72% |
| 1995 | 2 | 101.26 | + 1.26% | + 5.04% |
| 1995 | 3 | 102.64 | + 1.36% | + 5.45% |
| 1995 | 4 | 102.46 | - 0.18% | - 0.70% |
| 1996 | 1 | 103.82 | + 1.33% | + 5.31% |
| 1996 | 2 | 105.84 | + 1.95% | + 7.78% |
| 1996 | 3 | 105.76 | - 0.08% | - 0.30% |
| 1996 | 4 | 107.25 | + 1.41% | + 5.64% |
| 1997 | 1 | 107.71 | + 0.43% | + 1.72% |
| 1997 | 2 | 108.17 | + 0.43% | + 1.71% |
| 1997 | 3 | 109.24 | + 0.99% | + 3.96% |
| 1997 | 4 | 110.65 | + 1.29% | + 5.16% |
Lets look at Anchorage, Arkansas, a city located in Anchorage, Arkansas 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 Anchorage, Arkansas Refinance, or Anchorage, Arkansas Reverse Mortgages, you could estimate your home value.
If you knew your Anchorage, Arkansas home was worth $91,000.00 in 1994, you could multiply by + 13.71%, add the gain and see the home should be worth $103,474.98 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anchorage-AK from 1994 to 1997:
+ 3.43%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
Zip Code in MSA: 99503 - ANCHORAGE, AK
MSA Pop: 339286Zip Pop: 13847
Avg Value: 118700
County: ANCHORAGE
Elev: 0
Region: West
Lat: 61.190395
Long: -149.890405