Real Estate Appreciation for Baton Rouge, Lousiana: + 45.13%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 45.13% (+ 6.45% yearly) from 2000 to 2006.
During the same time period, LA had + 49.93% (+ 7.13% yearly).
From 2000 to 2006, 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
2003-2006 Quarterly Detailed Appreciation
2000-2003 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 Greensburg, 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 Greensburg, Lousiana Refinance, or Greensburg, Lousiana Reverse Mortgages, you could estimate your home value.
If you knew your Greensburg, Lousiana home was worth $106,000.00 in 2000, you could multiply by + 45.13%, add the gain and see the home should be worth $153,834.00 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baton-Rouge-LA from 2000 to 2006:
+ 6.45%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 70441 - GREENSBURG, LA
MSA Pop: 722646Zip Pop: 4830
Avg Value: 51900
County: SAINT HELENA
Elev: 223
Region: South
Lat: 30.883959
Long: -90.75022