Real Estate Appreciation for Beaumont Port Arthur, Texas: + 8.20%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Beaumont Port Arthur, Texas did compared to the state as a whole.
The Beaumont Port Arthur, Texas MSA property value change was + 8.20% (+ 2.73% yearly).
All of the property in TX averaged + 8.75% change in value (+ 2.92% yearly).
Beaumont-Port-Arthur-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 103.44 | - 1.01% | - 4.06% |
| 1997 | 2 | 107.2 | + 3.63% | + 14.54% |
| 1997 | 3 | 107.09 | - 0.10% | - 0.41% |
| 1997 | 4 | 108.2 | + 1.04% | + 4.15% |
There are a lot of ways to use the appreciation data for Beaumont Port Arthur, Texas .
Lets look at Votaw, Texas, a city located in Beaumont Port Arthur, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Votaw, Texas 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 $92,000.00 in 1995, you could multiply by + 8.20%, add the gain and see the home should be worth $99,544.00 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1995 to 1997:
+ 2.73%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997
In contrast, the worst 5 MSAs from 1995 to 1997 were Honolulu-HI, Utica-Rome-NY, Odessa-TX, Laredo-TX, and Madera-CA .
- Honolulu-HI decreased by - 12.82% between 1995 and 1997
- Utica-Rome-NY decreased by - 6.03% between 1995 and 1997
- Odessa-TX decreased by - 0.73% between 1995 and 1997
- Laredo-TX decreased by - 0.27% between 1995 and 1997
- Madera-CA decreased by - 0.18% between 1995 and 1997
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