Real Estate Appreciation for Bellingham, Washington: + 15.17%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bellingham, Washington did compared to the state as a whole.
The Bellingham, Washington MSA property value change was + 15.17% (+ 3.03% yearly).
All of the property in WA averaged + 30.19% change in value (+ 6.04% yearly).
Bellingham-WA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
Lets look at Bellingham, Washington, a city located in Bellingham, Washington 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 Bellingham, Washington Refinance, or Bellingham, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Bellingham, Washington home was worth $98,000.00 in 1997, you could multiply by + 15.17%, add the gain and see the home should be worth $112,866.44 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 1997 to 2001:
+ 3.03%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .
- Honolulu-HI only increased + 5.24% between 1997 and 2001
- Williamsport-PA only increased + 7.92% between 1997 and 2001
- Springfield-IL only increased + 8.36% between 1997 and 2001
- Wenatchee-WA only increased + 8.71% between 1997 and 2001
- Albuquerque-NM only increased + 8.90% between 1997 and 2001
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 98225 - BELLINGHAM, WA
MSA Pop: 176571Zip Pop: 42414
Avg Value: 140500
County: WHATCOM
Elev: 60
Region: West
Lat: 48.746963
Long: -122.49594