Real Estate Appreciation for Bloomington, Indiana: + 22.63%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bloomington, Indiana MSA appreciation it was + 22.63% (+ 4.53% yearly) from 2000 to 2004.
During the same time period, IN had + 18.26% (+ 3.65% yearly).
You can see that the Bloomington, Indiana MSA experienced higher appreciation in this case.
Bloomington-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bloomington, Indiana include real estate investment .
Lets look at Bloomington, Indiana, a city located in Bloomington, Indiana MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Indiana check out Spec-Loan.com
If you were going to do a Bloomington, Indiana Refinance, or Bloomington, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Bloomington, Indiana home was worth $104,000.00 in 2000, you could multiply by + 22.63%, add the gain and see the home should be worth $127,537.99 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-IN from 2000 to 2004:
+ 4.53%
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: 47402 - BLOOMINGTON, IN
MSA Pop: 178974Zip Pop: 0
Avg Value: 0
County: MONROE
Elev: 752
Region: Midwest
Lat: 39.09537
Long: -86.47025