Real Estate Appreciation for Bakersfield, California: +181.75%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bakersfield, California did compared to the state as a whole.
The Bakersfield, California MSA property value change was +181.75% (+ 15.15% yearly).
All of the property in CA averaged +226.43% change in value (+ 18.87% yearly).
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bakersfield, California .
Lets look at Frazier Park, California, a city located in Bakersfield, California MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Frazier Park, California check out Spec-Loan.com
If you were going to do a Frazier Park, California Refinance, or Frazier Park, California Reverse Mortgages, you could estimate your home value.
If you knew your Frazier Park, California home was worth $101,000.00 in 1995, you could multiply by +181.75%, add the gain and see the home should be worth $284,567.50 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1995 to 2006:
+ 15.15%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 2006 were Lafayette-IN, Springfield-IL, Rochester-NY, Columbus-IN, and Fort-Wayne-IN .
- Lafayette-IN only increased + 32.66% between 1995 and 2006
- Springfield-IL only increased + 35.99% between 1995 and 2006
- Rochester-NY only increased + 37.45% between 1995 and 2006
- Columbus-IN only increased + 38.30% between 1995 and 2006
- Fort-Wayne-IN only increased + 41.07% between 1995 and 2006
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 93225 - FRAZIER PARK, CA
MSA Pop: 713087Zip Pop: 4481
Avg Value: 104700
County: KERN
Elev: 408
Region: West
Lat: 34.830946
Long: -119.03931