Real Estate Appreciation for Bend, Oregon: + 30.67%
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 Bend, Oregon MSA appreciated + 30.67% (+ 7.67% yearly) for the period between 1999 and the end of 2002.
The state had + 15.97% total appreciation (+ 3.99% yearly).
The Bend, Oregon 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.
Bend-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 122.14 | + 0.93% | + 3.74% |
| 1999 | 3 | 123.3 | + 0.95% | + 3.80% |
| 1999 | 4 | 127.13 | + 3.11% | + 12.42% |
| 2000 | 1 | 129.17 | + 1.60% | + 6.42% |
| 2000 | 2 | 131.82 | + 2.05% | + 8.21% |
| 2000 | 3 | 134.06 | + 1.70% | + 6.80% |
| 2000 | 4 | 135.72 | + 1.24% | + 4.95% |
| 2001 | 1 | 140.1 | + 3.23% | + 12.91% |
| 2001 | 2 | 142.34 | + 1.60% | + 6.40% |
| 2001 | 3 | 145.16 | + 1.98% | + 7.92% |
| 2001 | 4 | 146.53 | + 0.94% | + 3.78% |
| 2002 | 1 | 149.68 | + 2.15% | + 8.60% |
| 2002 | 2 | 153.17 | + 2.33% | + 9.33% |
| 2002 | 3 | 155.29 | + 1.38% | + 5.54% |
| 2002 | 4 | 158.12 | + 1.82% | + 7.29% |
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 Bend, Oregon 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 Bend, Oregon.
If you were going to do a Bend, Oregon Refinance, or Bend, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Bend, Oregon home was worth $101,000.00 in 1999, you could multiply by + 30.67%, add the gain and see the home should be worth $131,973.56 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bend-OR from 1999 to 2002:
+ 7.67%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 97707 - BEND, OR
MSA Pop: 129492Zip Pop: 5144
Avg Value: 190000
County: DESCHUTES
Elev: 3629
Region: West
Lat: 43.84458
Long: -121.50891