Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Anderson, Indiana MSA appreciation it was + 8.66% (+ 4.33% yearly) from 2000 to 2001.

During the same time period, IN had + 7.92% (+ 3.96% yearly). You can see that the Anderson, Indiana MSA experienced higher appreciation in this case.

Anderson-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 128.92 - 0.05% - 0.22%
2000 3 132.11 + 2.47% + 9.90%
2000 4 132.47 + 0.27% + 1.09%
2001 1 135.61 + 2.37% + 9.48%
2001 2 137.69 + 1.53% + 6.14%
2001 3 138.57 + 0.64% + 2.56%
2001 4 140.16 + 1.15% + 4.59%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Alexandria, Indiana click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Anderson, Indiana.

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 $101,000.00 in 2000, you could multiply by + 8.66%, add the gain and see the home should be worth $109,746.18 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-IN from 2000 to 2001:
+ 4.33%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .

  1. Stockton-CA increased + 32.40% from 2000 to the end of 2001
  2. Salinas-CA increased + 31.19% from 2000 to the end of 2001
  3. Modesto-CA increased + 30.86% from 2000 to the end of 2001
  4. Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
  5. Merced-CA increased + 28.81% from 2000 to the end of 2001

In contrast, the worst 5 MSAs from 2000 to 2001 were Wenatchee-WA, Odessa-TX, Jackson-TN, Springfield-IL, and Albany-GA .

  1. Wenatchee-WA only increased + 1.89% between 2000 and 2001
  2. Odessa-TX only increased + 3.25% between 2000 and 2001
  3. Jackson-TN only increased + 4.84% between 2000 and 2001
  4. Springfield-IL only increased + 4.92% between 2000 and 2001
  5. Albany-GA only increased + 4.97% between 2000 and 2001

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