Real Estate Appreciation for Beaumont Port Arthur, Texas: + 30.21%
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 + 30.21% (+ 3.78% yearly).
All of the property in TX averaged + 40.79% change in value (+ 5.10% yearly).
Beaumont-Port-Arthur-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Groves, Texas Refinance, or Groves, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Groves, Texas home was worth $97,000.00 in 1995, you could multiply by + 30.21%, add the gain and see the home should be worth $126,303.70 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1995 to 2002:
+ 3.78%
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 - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 77619 - GROVES, TX
MSA Pop: 382629Zip Pop: 16498
Avg Value: 60400
County: JEFFERSON
Elev: 21
Region: South
Lat: 29.945135
Long: -93.916323