Real Estate Appreciation for Anderson, Indiana: + 65.93%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Anderson, Indiana MSA appreciated + 65.93% (+ 4.71% yearly) between 1993 and the end of 2006.
The state of IN had + 67.23% total appreciation (+ 4.80% yearly).
The state average for Indiana was higher than the real estate appreciation in the Anderson, Indiana MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 1.97% faster than this MSA.
Anderson-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Anderson, Indiana .
Lets look at Elwood, Indiana, a city located in Anderson, Indiana 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 Elwood, Indiana check out Spec-Loan.com
If you were going to do a Elwood, Indiana Refinance, or Elwood, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Elwood, Indiana home was worth $99,000.00 in 1993, you could multiply by + 65.93%, add the gain and see the home should be worth $164,268.85 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1993 to 2006:
+ 4.71%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2006 were Rochester-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, Lafayette-IN, and Fort-Wayne-IN .
- Rochester-NY only increased + 33.80% between 1993 and 2006
- Buffalo-Niagara-Falls-NY only increased + 42.20% between 1993 and 2006
- Springfield-IL only increased + 47.18% between 1993 and 2006
- Lafayette-IN only increased + 47.24% between 1993 and 2006
- Fort-Wayne-IN only increased + 47.47% between 1993 and 2006
The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .
- Midland-TX lost - 26.68% from 1982 to 1995
- Midland-TX lost - 24.58% from 1983 thru 1996
- Odessa-TX lost - 17.25% from 1984 thru 1997
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
Zip Code in MSA: 46036 - ELWOOD, IN
MSA Pop: 131121Zip Pop: 13029
Avg Value: 68100
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.27548
Long: -85.83846