Real Estate Appreciation for Billings, Montana: + 95.95%
Appreciation for MSAs:.
Let's start by comparing Billings, Montana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 95.95% (+ 7.38% yearly) for the Billings, Montana MSA.
The entire state of MT had +119.50% appreciation (+ 9.19% yearly).
The state average for Montana was higher than the real estate appreciation in the Billings, Montana MSA. This means the conditions in the MSA for real estate investment were worse by + 24.55%.
Billings-MT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 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 Edgar, Montana 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 Billings, Montana.
If you were going to do a Edgar, Montana Refinance, or Edgar, Montana Reverse Mortgages, you could estimate your home value.
If you knew your Edgar, Montana home was worth $96,000.00 in 1992, you could multiply by + 95.95%, add the gain and see the home should be worth $188,107.47 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Billings-MT from 1992 to 2004:
+ 7.38%
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: 59026 - EDGAR, MT
MSA Pop: 142961Zip Pop: 193
Avg Value: 77200
County: CARBON
Elev: 5553
Region: West
Lat: 45.50649
Long: -109.008475