Real Estate Appreciation for Bellingham, Washington: + 50.75%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bellingham, Washington MSA appreciation it was + 50.75% (+ 16.92% yearly) from 2004 to 2006.
During the same time period, WA had + 45.27% (+ 15.09% yearly).
You can see that the Bellingham, Washington MSA experienced higher appreciation in this case.
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 154.44 | + 4.44% | + 17.77% |
| 2004 | 3 | 164.01 | + 6.20% | + 24.79% |
| 2004 | 4 | 172.23 | + 5.01% | + 20.05% |
| 2005 | 1 | 177.16 | + 2.86% | + 11.45% |
| 2005 | 2 | 188.53 | + 6.42% | + 25.67% |
| 2005 | 3 | 197.27 | + 4.64% | + 18.54% |
| 2005 | 4 | 207.04 | + 4.95% | + 19.81% |
| 2006 | 1 | 209.63 | + 1.25% | + 5.00% |
| 2006 | 2 | 217.33 | + 3.67% | + 14.69% |
| 2006 | 3 | 222.99 | + 2.60% | + 10.42% |
| 2006 | 4 | 222.91 | - 0.04% | - 0.14% |
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 Acme, 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 Acme, Washington Refinance, or Acme, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Acme, Washington home was worth $110,000.00 in 2004, you could multiply by + 50.75%, add the gain and see the home should be worth $165,822.01 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 2004 to 2006:
+ 16.92%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .
- Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
- Kokomo-IN only increased + 0.99% between 2004 and 2006
- Anderson-IN only increased + 2.08% between 2004 and 2006
- Muncie-IN only increased + 2.23% between 2004 and 2006
- Lafayette-IN only increased + 2.44% between 2004 and 2006
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 98220 - ACME, WA
MSA Pop: 176571Zip Pop: 648
Avg Value: 114000
County: WHATCOM
Elev: 60
Region: West
Lat: 48.688388
Long: -122.195883