Real Estate Appreciation for Bismarck, North Dakota: + 8.36%
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: + 8.36%
- State of ND: + 9.16%
- Difference: - 8.76%
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% |
| 1998 | 1 | 112.54 | + 1.94% | + 7.75% |
| 1998 | 2 | 114.86 | + 2.06% | + 8.25% |
| 1998 | 3 | 115.49 | + 0.55% | + 2.19% |
| 1998 | 4 | 116.06 | + 0.49% | + 1.97% |
If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans check out Spec-Loan.com
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 $94,000.00 in 1996, you could multiply by + 8.36%, add the gain and see the home should be worth $101,854.54 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1996 to 1998:
+ 2.79%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 1998 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and El-Paso-TX .
- Honolulu-HI decreased by - 11.67% between 1996 and 1998
- Buffalo-Niagara-Falls-NY decreased by - 0.04% between 1996 and 1998
- Albany-Schenectady-Troy-NY only increased + 0.13% between 1996 and 1998
- Utica-Rome-NY only increased + 0.29% between 1996 and 1998
- El-Paso-TX only increased + 0.32% between 1996 and 1998
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