Real Estate Appreciation for Beaumont Port Arthur, Texas: + 2.61%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Beaumont Port Arthur, Texas MSA appreciation it was + 2.61% (+ 0.87% yearly) from 1994 to 1996.
During the same time period, TX had + 4.83% (+ 1.61% yearly).
From 1994 to 1996, Texas outperformed the individual Beaumont Port Arthur, Texas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Beaumont-Port-Arthur-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 101.29 | - 0.54% | - 2.16% |
| 1994 | 3 | 102.21 | + 0.91% | + 3.63% |
| 1994 | 4 | 100.76 | - 1.42% | - 5.67% |
| 1995 | 1 | 100 | - 0.75% | - 3.02% |
| 1995 | 2 | 101.26 | + 1.26% | + 5.04% |
| 1995 | 3 | 103.53 | + 2.24% | + 8.97% |
| 1995 | 4 | 103.93 | + 0.39% | + 1.55% |
| 1996 | 1 | 103.94 | + 0.01% | + 0.04% |
| 1996 | 2 | 105.02 | + 1.04% | + 4.16% |
| 1996 | 3 | 105.62 | + 0.57% | + 2.29% |
| 1996 | 4 | 104.5 | - 1.06% | - 4.24% |
Lets look at Votaw, Texas, a city located in Beaumont Port Arthur, Texas MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Votaw, Texas Refinance, or Votaw, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Votaw, Texas home was worth $90,000.00 in 1994, you could multiply by + 2.61%, add the gain and see the home should be worth $92,350.75 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1994 to 1996:
+ 0.87%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 77376 - VOTAW, TX
MSA Pop: 382629Zip Pop: 462
Avg Value: 18900
County: HARDIN
Elev: 85
Region: South
Lat: 30.435278
Long: -94.673056