Real Estate Appreciation for Bellingham, Washington: + 91.52%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bellingham, Washington MSA appreciated + 91.52% (+ 15.25% yearly) for the period between 2001 and the end of 2006.
The state had + 67.69% total appreciation (+ 11.28% yearly).
The Bellingham, Washington MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Bellingham-WA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 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 Bellingham, Washington 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 Bellingham, Washington.
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 $107,000.00 in 2001, you could multiply by + 91.52%, add the gain and see the home should be worth $204,926.28 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 2001 to 2006:
+ 15.25%
Appreciation Comparisons
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
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