Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Billings, Montana did compared to the state as a whole.

The Billings, Montana MSA property value change was + 35.18% (+ 5.03% yearly).

All of the property in MT averaged + 38.47% change in value (+ 5.50% yearly).

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


There are a lot of ways to use the appreciation data for Billings, Montana .

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

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Belfry, Montana check out Spec-Loan.com

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

If you knew your Belfry, Montana home was worth $100,000.00 in 1997, you could multiply by + 35.18%, add the gain and see the home should be worth $135,180.46 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1997 to 2003:
+ 5.03%

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. Lafayette-LA lost - 32.70% from 1983 thru 1989
  2. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 59008 - BELFRY, MT

MSA Pop: 142961
Zip Pop: 374
Avg Value: 103800
County: CARBON
Elev: 5553
Region: West
Lat: 45.06656
Long: -109.16491