Real Estate Appreciation for Bakersfield, California: +162.46%
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 +162.46% (+ 18.05% yearly).
All of the property in CA averaged +206.35% change in value (+ 22.93% yearly).
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 Frazier Park, 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 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 $102,000.00 in 1997, you could multiply by +162.46%, add the gain and see the home should be worth $267,707.33 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1997 to 2005:
+ 18.05%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 93222 - FRAZIER PARK, CA
MSA Pop: 713087Zip Pop: 1520
Avg Value: 136400
County: KERN
Elev: 408
Region: West
Lat: 34.83612
Long: -119.05512