Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Billings, Montana MSA appreciation it was + 54.61% (+ 5.46% yearly) from 1994 to 2003.

During the same time period, MT had + 64.57% (+ 6.46% yearly). From 1994 to 2003, Montana outperformed the individual Billings, Montana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Billings-MT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Lets look at Broadview, Montana, a city located in Billings, Montana MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Broadview, Montana Refinance, or Broadview, Montana Reverse Mortgages, you could estimate your home value.

If you knew your Broadview, Montana home was worth $97,000.00 in 1994, you could multiply by + 54.61%, add the gain and see the home should be worth $149,974.36 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1994 to 2003:
+ 5.46%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Midland-TX lost - 22.05% from 1984 thru 1993
  2. Lafayette-LA lost - 21.25% from 1983 thru 1992

Zip Code in MSA: 59015 - BROADVIEW, MT

MSA Pop: 142961
Zip Pop: 488
Avg Value: 75400
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 46.198848
Long: -108.916613