Real Estate Appreciation for Bismarck, North Dakota: + 9.89%
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: + 9.89%
- State of ND: + 9.84%
- Difference: + 0.45%
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% |
| 1999 | 1 | 117.62 | + 1.34% | + 5.38% |
| 1999 | 2 | 117.8 | + 0.15% | + 0.61% |
| 1999 | 3 | 118.05 | + 0.21% | + 0.85% |
| 1999 | 4 | 117.7 | - 0.30% | - 1.19% |
There are a lot of ways to use the appreciation data for Bismarck, North Dakota .
Lets look at Wing, North Dakota, a city located in Bismarck, North Dakota MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Wing, North Dakota 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 $95,000.00 in 1996, you could multiply by + 9.89%, add the gain and see the home should be worth $104,392.68 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 1996 to 1999:
+ 2.47%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Bakersfield-CA, Reading-PA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 13.65% between 1996 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.34% between 1996 and 1999
- Bakersfield-CA decreased by - 0.56% between 1996 and 1999
- Reading-PA decreased by - 0.46% between 1996 and 1999
- Albany-Schenectady-Troy-NY decreased by - 0.38% between 1996 and 1999
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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