Real Estate Appreciation for Bismarck, North Dakota: + 16.06%
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 + 16.06% (+ 5.35% yearly) between 1993 and the end of 1995.
The state of ND had + 14.97% total appreciation (+ 4.99% yearly).
The Bismarck, North Dakota MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 7.30% faster than the state as a whole.
Bismarck-ND
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1995 | 1 | 100 | + 0.26% | + 1.04% |
| 1995 | 2 | 102.48 | + 2.48% | + 9.92% |
| 1995 | 3 | 103 | + 0.51% | + 2.03% |
| 1995 | 4 | 105.01 | + 1.95% | + 7.81% |
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 Wing, North Dakota 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 Bismarck, North Dakota.
If you were going to do a Wing, North Dakota Refinance, or Wing, North Dakota Reverse Mortgages, you could estimate your home value.
If you knew your Wing, North Dakota home was worth $88,000.00 in 1993, you could multiply by + 16.06%, add the gain and see the home should be worth $102,131.74 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1993 to 1995:
+ 5.35%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 58494 - WING, ND
MSA Pop: 96828Zip Pop: 356
Avg Value: 28300
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.152609
Long: -100.332058