Real Estate Appreciation for Baton Rouge, Lousiana: + 13.70%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Baton Rouge, Lousiana did compared to the state as a whole.
The Baton Rouge, Lousiana MSA property value change was + 13.70% (+ 4.57% yearly).
All of the property in LA averaged + 12.23% change in value (+ 4.08% yearly).
Baton-Rouge-LA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 111.11 | + 1.63% | + 6.51% |
| 1997 | 3 | 112.52 | + 1.27% | + 5.08% |
| 1997 | 4 | 115.04 | + 2.24% | + 8.96% |
| 1998 | 1 | 116.13 | + 0.95% | + 3.79% |
| 1998 | 2 | 117.29 | + 1.00% | + 4.00% |
| 1998 | 3 | 119.13 | + 1.57% | + 6.28% |
| 1998 | 4 | 119.92 | + 0.66% | + 2.65% |
| 1999 | 1 | 120.59 | + 0.56% | + 2.23% |
| 1999 | 2 | 122.73 | + 1.77% | + 7.10% |
| 1999 | 3 | 124.53 | + 1.47% | + 5.87% |
| 1999 | 4 | 124.31 | - 0.18% | - 0.71% |
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 Donaldsonville, Lousiana 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 Baton Rouge, Lousiana.
If you were going to do a Donaldsonville, Lousiana Refinance, or Donaldsonville, Lousiana Reverse Mortgages, you could estimate your home value.
If you knew your Donaldsonville, Lousiana home was worth $96,000.00 in 1997, you could multiply by + 13.70%, add the gain and see the home should be worth $109,153.57 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baton-Rouge-LA from 1997 to 1999:
+ 4.57%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .
- Honolulu-HI decreased by - 5.64% between 1997 and 1999
- Williamsport-PA decreased by - 0.53% between 1997 and 1999
- Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
- Ithaca-NY only increased + 0.26% between 1997 and 1999
- Reading-PA only increased + 1.79% between 1997 and 1999
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 70346 - DONALDSONVILLE, LA
MSA Pop: 722646Zip Pop: 10809
Avg Value: 63000
County: ASCENSION
Elev: 29
Region: South
Lat: 30.103826
Long: -90.99862