Real Estate Appreciation for Bakersfield, California: + 0.49%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bakersfield, California MSA appreciated + 0.49% (+ 0.06% yearly) between 1993 and the end of 2000.
The state of CA had + 29.66% total appreciation (+ 3.71% yearly).
The state average for California was higher than the real estate appreciation in the Bakersfield, California MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +5989.11% faster than this MSA.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Edison, California, a city located in Bakersfield, California 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 Edison, California Refinance, or Edison, California Reverse Mortgages, you could estimate your home value.
If you knew your Edison, California home was worth $93,000.00 in 1993, you could multiply by + 0.49%, add the gain and see the home should be worth $93,453.07 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1993 to 2000:
+ 0.06%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 93220 - EDISON, CA
MSA Pop: 713087Zip Pop: 0
Avg Value: 0
County: KERN
Elev: 408
Region: West
Lat: 35.329035
Long: -118.859203