Real Estate Appreciation for Bismarck, North Dakota: + 3.07%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bismarck, North Dakota: + 3.07%
- State of ND: + 4.74%
- Difference: - 35.22%
Bismarck-ND
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 105.17 | - 1.81% | - 7.24% |
| 1996 | 3 | 106.16 | + 0.94% | + 3.77% |
| 1996 | 4 | 106.57 | + 0.39% | + 1.54% |
| 1997 | 1 | 109.29 | + 2.55% | + 10.21% |
| 1997 | 2 | 109.52 | + 0.21% | + 0.84% |
| 1997 | 3 | 110.22 | + 0.64% | + 2.56% |
| 1997 | 4 | 110.4 | + 0.16% | + 0.65% |
Some of the ways peope use our appreciation data for Bismarck, North Dakota include real estate investment .
Lets look at Regan, North Dakota, a city located in Bismarck, North Dakota MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in North Dakota check out Spec-Loan.com
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 $93,000.00 in 1996, you could multiply by + 3.07%, add the gain and see the home should be worth $95,856.60 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1996 to 1997:
+ 1.54%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 1997 were Honolulu-HI, Utica-Rome-NY, Lewiston-Auburn-ME, Madera-CA, and Johnstown-PA .
- Honolulu-HI decreased by - 11.37% between 1996 and 1997
- Utica-Rome-NY decreased by - 5.89% between 1996 and 1997
- Lewiston-Auburn-ME decreased by - 2.85% between 1996 and 1997
- Madera-CA decreased by - 2.52% between 1996 and 1997
- Johnstown-PA decreased by - 2.31% between 1996 and 1997
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 58477 - REGAN, ND
MSA Pop: 96828Zip Pop: 168
Avg Value: 43100
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.156664
Long: -100.521564