Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Bismarck, North Dakota MSA appreciated + 16.25% (+ 4.06% yearly) for the period between 1999 and the end of 2002.

The state had + 14.59% total appreciation (+ 3.65% yearly). The Bismarck, North Dakota MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Bismarck-ND

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 117.8 + 0.15% + 0.61%
1999 3 118.05 + 0.21% + 0.85%
1999 4 117.7 - 0.30% - 1.19%
2000 1 120.76 + 2.60% + 10.40%
2000 2 119.32 - 1.19% - 4.77%
2000 3 120.26 + 0.79% + 3.15%
2000 4 123.22 + 2.46% + 9.85%
2001 1 125.77 + 2.07% + 8.28%
2001 2 126.47 + 0.56% + 2.23%
2001 3 127.36 + 0.70% + 2.81%
2001 4 128.4 + 0.82% + 3.27%
2002 1 129.6 + 0.93% + 3.74%
2002 2 132.34 + 2.11% + 8.46%
2002 3 134.86 + 1.90% + 7.62%
2002 4 136.73 + 1.39% + 5.55%


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 $101,000.00 in 1999, you could multiply by + 16.25%, add the gain and see the home should be worth $117,409.71 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bismarck-ND from 1999 to 2002:
+ 4.06%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .

  1. Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
  2. Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
  3. Midland-TX only increased + 6.09% between 1999 and 2002
  4. Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
  5. Lawton-OK only increased + 6.71% between 1999 and 2002

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 58494 - WING, ND

MSA Pop: 96828
Zip Pop: 356
Avg Value: 28300
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.152609
Long: -100.332058