Real Estate Appreciation for Bakersfield, California: + 5.92%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bakersfield, California: + 5.92%
- State of CA: + 39.65%
- Difference: - 85.07%
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 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 Buttonwillow, California Refinance, or Buttonwillow, California Reverse Mortgages, you could estimate your home value.
If you knew your Buttonwillow, California home was worth $96,000.00 in 1996, you could multiply by + 5.92%, add the gain and see the home should be worth $101,683.17 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1996 to 2000:
+ 1.18%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 2000 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Coeur-d'Alene-ID, Visalia-Porterville-CA, and El-Paso-TX .
- Honolulu-HI decreased by - 10.04% between 1996 and 2000
- Buffalo-Niagara-Falls-NY only increased + 0.51% between 1996 and 2000
- Coeur-d'Alene-ID only increased + 1.80% between 1996 and 2000
- Visalia-Porterville-CA only increased + 2.00% between 1996 and 2000
- El-Paso-TX only increased + 2.48% between 1996 and 2000
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
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