Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Bismarck, North Dakota MSA appreciated + 10.23% (+ 5.12% yearly) between 1993 and the end of 1994.

The state of ND had + 9.86% total appreciation (+ 4.93% yearly). The Bismarck, North Dakota MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 3.76% faster than the state as a whole.

Bismarck-ND

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 90.91 + 0.48% + 1.90%
1993 3 93.42 + 2.76% + 11.04%
1993 4 94.47 + 1.12% + 4.50%
1994 1 95.32 + 0.90% + 3.60%
1994 2 98.6 + 3.44% + 13.76%
1994 3 98.75 + 0.15% + 0.61%
1994 4 99.74 + 1.00% + 4.01%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Regan, North Dakota Refinance, or Regan, North Dakota Reverse Mortgages, you could estimate your home value.

If you knew your Regan, North Dakota home was worth $87,000.00 in 1993, you could multiply by + 10.23%, add the gain and see the home should be worth $95,903.85 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bismarck-ND from 1993 to 1994:
+ 5.12%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .

  1. Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
  2. Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
  3. Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
  4. Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
  5. Greeley-CO increased + 25.00% from 1993 to the end of 1994

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 58477 - REGAN, ND

MSA Pop: 96828
Zip Pop: 168
Avg Value: 43100
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.156664
Long: -100.521564