Real Estate Appreciation for Bismarck, North Dakota: + 48.25%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bismarck, North Dakota MSA appreciation it was + 48.25% (+ 4.82% yearly) from 1994 to 2003.
During the same time period, ND had + 48.32% (+ 4.83% yearly).
From 1994 to 2003, North Dakota outperformed the individual Bismarck, North Dakota MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bismarck-ND
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 Bismarck, 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 Bismarck, North Dakota Refinance, or Bismarck, North Dakota Reverse Mortgages, you could estimate your home value.
If you knew your Bismarck, North Dakota home was worth $97,000.00 in 1994, you could multiply by + 48.25%, add the gain and see the home should be worth $143,800.57 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1994 to 2003:
+ 4.82%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2003 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Barnstable-Town-MA increased +146.29% from 1994 to the end of 2003
- Salinas-CA increased +119.32% from 1994 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +119.20% from 1994 to the end of 2003
- Napa-CA increased +117.57% from 1994 to the end of 2003
- San-Jose-Sunnyvale-Santa-Clara-CA increased +116.73% from 1994 to the end of 2003
In contrast, the worst 5 MSAs from 1994 to 2003 were Honolulu-HI, Binghamton-NY, Elmira-NY, Rochester-NY, and Buffalo-Niagara-Falls-NY .
- Honolulu-HI only increased + 13.60% between 1994 and 2003
- Binghamton-NY only increased + 15.15% between 1994 and 2003
- Elmira-NY only increased + 18.18% between 1994 and 2003
- Rochester-NY only increased + 18.55% between 1994 and 2003
- Buffalo-Niagara-Falls-NY only increased + 19.11% between 1994 and 2003
Zip Code in MSA: 58504 - BISMARCK, ND
MSA Pop: 96828Zip Pop: 22655
Avg Value: 83400
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 46.76082
Long: -100.69938