Real Estate Appreciation for Baton Rouge, Lousiana: + 55.06%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Baton Rouge, Lousiana MSA appreciation it was + 55.06% (+ 5.01% yearly) from 1994 to 2004.
During the same time period, LA had + 65.35% (+ 5.94% yearly).
From 1994 to 2004, Lousiana outperformed the individual Baton Rouge, Lousiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Baton-Rouge-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 $98,000.00 in 1994, you could multiply by + 55.06%, add the gain and see the home should be worth $151,963.19 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baton-Rouge-LA from 1994 to 2004:
+ 5.01%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2004 were Binghamton-NY, Rochester-NY, Buffalo-Niagara-Falls-NY, El-Paso-TX, and Elmira-NY .
- Binghamton-NY only increased + 18.17% between 1994 and 2004
- Rochester-NY only increased + 24.10% between 1994 and 2004
- Buffalo-Niagara-Falls-NY only increased + 26.19% between 1994 and 2004
- El-Paso-TX only increased + 27.09% between 1994 and 2004
- Elmira-NY only increased + 27.92% between 1994 and 2004
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
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