Real Estate Appreciation for Anderson, Indiana: + 22.76%
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 + 22.76% (+ 5.69% yearly) from 1994 to 1997.
During the same time period, IN had + 18.88% (+ 4.72% yearly).
You can see that the Anderson, Indiana MSA experienced higher appreciation in this case.
Anderson-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1996 | 1 | 109.22 | + 2.87% | + 11.49% |
| 1996 | 2 | 109.63 | + 0.38% | + 1.50% |
| 1996 | 3 | 112.18 | + 2.33% | + 9.30% |
| 1996 | 4 | 112.1 | - 0.07% | - 0.29% |
| 1997 | 1 | 115.81 | + 3.31% | + 13.24% |
| 1997 | 2 | 114.04 | - 1.53% | - 6.11% |
| 1997 | 3 | 117.18 | + 2.75% | + 11.01% |
| 1997 | 4 | 118.66 | + 1.26% | + 5.05% |
Lets look at Anderson, Indiana, a city located in Anderson, Indiana 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 Anderson, Indiana Refinance, or Anderson, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Anderson, Indiana home was worth $91,000.00 in 1994, you could multiply by + 22.76%, add the gain and see the home should be worth $111,711.77 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1994 to 1997:
+ 5.69%
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: 46012 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 20986
Avg Value: 85200
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.1396
Long: -85.6271