Real Estate Appreciation for Anderson, Indiana: + 56.63%
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 + 56.63% (+ 5.15% yearly) from 1994 to 2004.
During the same time period, IN had + 50.89% (+ 4.63% yearly).
You can see that the Anderson, Indiana MSA experienced higher appreciation in this case.
Anderson-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
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 Anderson, Indiana Refinance, or Anderson, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Anderson, Indiana home was worth $98,000.00 in 1994, you could multiply by + 56.63%, add the gain and see the home should be worth $153,498.86 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-IN from 1994 to 2004:
+ 5.15%
Appreciation Comparisons
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
The top 5 performing MSAs from 1994 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Napa-CA .
- Salinas-CA increased +183.29% from 1994 to the end of 2004
- Barnstable-Town-MA increased +180.31% from 1994 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +177.79% from 1994 to the end of 2004
- Oxnard-Thousand-Oaks-Ventura-CA increased +156.30% from 1994 to the end of 2004
- Napa-CA increased +156.18% from 1994 to the end of 2004
Zip Code in MSA: 46018 - ANDERSON, IN
MSA Pop: 131121Zip Pop: 0
Avg Value: 0
County: MADISON
Elev: 874
Region: Midwest
Lat: 40.0929
Long: -85.688049