Real Estate Appreciation for Baton Rouge, Lousiana: + 67.47%
Appreciation for MSAs:.
Let's start by comparing Baton Rouge, Lousiana 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 + 67.47% (+ 5.62% yearly) for the Baton Rouge, Lousiana MSA.
The entire state of LA had + 73.67% appreciation (+ 6.14% yearly).
The state average for Lousiana was higher than the real estate appreciation in the Baton Rouge, Lousiana MSA. This means the conditions in the MSA for real estate investment were worse by + 9.18%.
Baton-Rouge-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Baton-Rouge-LA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Lousiana, you can do some research at Spec-Loan.com.
If you were going to do a Springfield, Lousiana Refinance, or Springfield, Lousiana Reverse Mortgages, you could estimate your home value.
If you knew your Springfield, Lousiana home was worth $95,000.00 in 1992, you could multiply by + 67.47%, add the gain and see the home should be worth $159,100.92 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baton-Rouge-LA from 1992 to 2003:
+ 5.62%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2003 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Missoula-MT .
- Boulder-CO increased +151.44% from 1992 to the end of 2003
- Barnstable-Town-MA increased +140.79% from 1992 to the end of 2003
- Denver-Aurora-CO increased +139.63% from 1992 to the end of 2003
- Fort-Collins-Loveland-CO increased +136.43% from 1992 to the end of 2003
- Missoula-MT increased +131.03% from 1992 to the end of 2003
Zip Code in MSA: 70462 - SPRINGFIELD, LA
MSA Pop: 722646Zip Pop: 4408
Avg Value: 68000
County: LIVINGSTON
Elev: 44
Region: South
Lat: 30.384236
Long: -90.573202