Real Estate Appreciation for Bakersfield, California: +135.54%
Appreciation for MSAs:.
Let's start by comparing Bakersfield, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +135.54% (+ 27.11% yearly) for the Bakersfield, California MSA.
The entire state of CA had +101.24% appreciation (+ 20.25% yearly).
The Bakersfield, California MSA beat out the state. by + 33.87% appreciation.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 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 $108,000.00 in 2002, you could multiply by +135.54%, add the gain and see the home should be worth $254,380.54 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 2002 to 2006:
+ 27.11%
Appreciation Comparisons
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
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