Real Estate Appreciation for Bend, Oregon: + 86.38%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bend, Oregon MSA appreciated + 86.38% (+ 21.60% yearly) between 2003 and the end of 2006.
The state of OR had + 57.16% total appreciation (+ 14.29% yearly).
The Bend, Oregon MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 51.12% faster than the state as a whole.
Bend-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 162.69 | + 1.06% | + 4.25% |
| 2003 | 3 | 165.59 | + 1.78% | + 7.13% |
| 2003 | 4 | 170.32 | + 2.86% | + 11.43% |
| 2004 | 1 | 171.36 | + 0.61% | + 2.44% |
| 2004 | 2 | 177.78 | + 3.75% | + 14.99% |
| 2004 | 3 | 184.22 | + 3.62% | + 14.49% |
| 2004 | 4 | 189.35 | + 2.78% | + 11.14% |
| 2005 | 1 | 196.51 | + 3.78% | + 15.13% |
| 2005 | 2 | 208.13 | + 5.91% | + 23.65% |
| 2005 | 3 | 225.17 | + 8.19% | + 32.75% |
| 2005 | 4 | 246.17 | + 9.33% | + 37.31% |
| 2006 | 1 | 263.53 | + 7.05% | + 28.21% |
| 2006 | 2 | 283.05 | + 7.41% | + 29.63% |
| 2006 | 3 | 294.95 | + 4.20% | + 16.82% |
| 2006 | 4 | 300.04 | + 1.73% | + 6.90% |
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 $109,000.00 in 2003, you could multiply by + 86.38%, add the gain and see the home should be worth $203,157.91 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bend-OR from 2003 to 2006:
+ 21.60%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 2006
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