Real Estate Appreciation for Bismarck, North Dakota: + 32.67%
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 + 32.67% (+ 6.53% yearly) for the period between 2001 and the end of 2005.
The state had + 34.80% total appreciation (+ 6.96% yearly).
The state average for North Dakota was higher than the real estate appreciation in the Bismarck, North Dakota MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 6.52% faster than this MSA.
Bismarck-ND
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bismarck, North Dakota .
Lets look at Bismarck, 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 Bismarck, North Dakota check out Spec-Loan.com
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 $106,000.00 in 2001, you could multiply by + 32.67%, add the gain and see the home should be worth $140,630.99 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bismarck-ND from 2001 to 2005:
+ 6.53%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 58501 - BISMARCK, ND
MSA Pop: 96828Zip Pop: 43677
Avg Value: 96300
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 46.818096
Long: -100.779822