Real Estate Appreciation for Bakersfield, California: - 2.76%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bakersfield, California MSA appreciation it was - 2.76% (- 0.55% yearly) from 1994 to 1998.
During the same time period, CA had + 9.08% (+ 1.82% yearly).
From 1994 to 1998, California outperformed the individual Bakersfield, California MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1995-1998 Quarterly Detailed Appreciation
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 Buttonwillow, California 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 Bakersfield, California.
If you were going to do a Buttonwillow, California Refinance, or Buttonwillow, California Reverse Mortgages, you could estimate your home value.
If you knew your Buttonwillow, California home was worth $92,000.00 in 1994, you could multiply by - 2.76%, add the gain and see the home should be worth $89,457.29 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1994 to 1998:
- 0.55%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1998 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Pueblo-CO, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 47.64% from 1994 to the end of 1998
- Salt-Lake-City-UT increased + 47.33% from 1994 to the end of 1998
- Provo-Orem-UT increased + 44.17% from 1994 to the end of 1998
- Pueblo-CO increased + 41.37% from 1994 to the end of 1998
- Portland-Vancouver-Beaverton-OR-WA increased + 40.97% from 1994 to the end of 1998
Zip Code in MSA: 93206 - BUTTONWILLOW, CA
MSA Pop: 713087Zip Pop: 2076
Avg Value: 78800
County: KERN
Elev: 408
Region: West
Lat: 35.401609
Long: -119.444746