Appreciation for MSAs:.

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

If we analyze Anderson, Indiana MSA appreciation it was + 9.84% (+ 4.92% yearly) from 1994 to 1995.

During the same time period, IN had + 8.85% (+ 4.42% yearly). You can see that the Anderson, Indiana MSA experienced higher appreciation in this case.

Anderson-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 96.28 - 0.39% - 1.57%
1994 3 97.89 + 1.67% + 6.69%
1994 4 95.59 - 2.35% - 9.40%
1995 1 100 + 4.61% + 18.45%
1995 2 103.31 + 3.31% + 13.24%
1995 3 104.43 + 1.08% + 4.34%
1995 4 106.17 + 1.67% + 6.66%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Alexandria, Indiana Refinance, or Alexandria, Indiana Reverse Mortgages, you could estimate your home value.

If you knew your Alexandria, Indiana home was worth $89,000.00 in 1994, you could multiply by + 9.84%, add the gain and see the home should be worth $97,756.36 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-IN from 1994 to 1995:
+ 4.92%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, Ogden-Clearfield-UT, and Flagstaff-AZ-UT .

  1. Salt-Lake-City-UT increased + 24.08% from 1994 to the end of 1995
  2. Provo-Orem-UT increased + 23.82% from 1994 to the end of 1995
  3. Logan-UT-ID increased + 23.20% from 1994 to the end of 1995
  4. Ogden-Clearfield-UT increased + 23.19% from 1994 to the end of 1995
  5. Flagstaff-AZ-UT increased + 22.07% from 1994 to the end of 1995

Zip Code in MSA: 46001 - ALEXANDRIA, IN

MSA Pop: 131121
Zip Pop: 12346
Avg Value: 79600
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.2539
Long: -85.6621