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 + 26.07% (+ 8.69% yearly) from 2004 to 2006.

During the same time period, ND had + 25.32% (+ 8.44% yearly). You can see that the Bismarck, North Dakota MSA experienced higher appreciation in this case.

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%
2006 1 168.92 + 1.23% + 4.94%
2006 2 173.74 + 2.85% + 11.41%
2006 3 178.71 + 2.86% + 11.44%
2006 4 180.51 + 1.01% + 4.03%


Lets look at Wing, North Dakota, a city located in Bismarck, North Dakota MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate 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 $110,000.00 in 2004, you could multiply by + 26.07%, add the gain and see the home should be worth $138,679.28 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bismarck-ND from 2004 to 2006:
+ 8.69%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .

  1. Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
  2. Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
  3. Bend-OR increased + 75.09% from 2004 to the end of 2006
  4. Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
  5. Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006

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