Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Bismarck, North Dakota MSA appreciation it was + 16.54% (+ 8.27% yearly) from 2004 to 2005.

During the same time period, ND had + 17.50% (+ 8.75% yearly). From 2004 to 2005, North Dakota outperformed the individual Bismarck, North Dakota MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bismarck-ND

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 146.85 + 2.56% + 10.25%
2004 3 151.01 + 2.83% + 11.33%
2004 4 152.7 + 1.12% + 4.48%
2005 1 153.42 + 0.47% + 1.89%
2005 2 158.91 + 3.58% + 14.31%
2005 3 164.35 + 3.42% + 13.69%
2005 4 166.86 + 1.53% + 6.11%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $109,000.00 in 2004, you could multiply by + 16.54%, add the gain and see the home should be worth $127,027.10 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bismarck-ND from 2004 to 2005:
+ 8.27%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
  3. Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005

Zip Code in MSA: 58477 - REGAN, ND

MSA Pop: 96828
Zip Pop: 168
Avg Value: 43100
County: BURLEIGH
Elev: 1672
Region: Midwest
Lat: 47.156664
Long: -100.521564