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 Boise City Nampa, Idaho MSA appreciated + 14.67% (+ 3.67% yearly) for the period between 1999 and the end of 2002.

The state had + 12.50% total appreciation (+ 3.12% yearly). The Boise City Nampa, Idaho 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.

Boise-City-Nampa-ID

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 115.78 + 0.23% + 0.93%
1999 3 115.31 - 0.41% - 1.62%
1999 4 115.38 + 0.06% + 0.24%
2000 1 117.52 + 1.85% + 7.42%
2000 2 117.29 - 0.20% - 0.78%
2000 3 119.46 + 1.85% + 7.40%
2000 4 120.12 + 0.55% + 2.21%
2001 1 123.15 + 2.52% + 10.09%
2001 2 125.14 + 1.62% + 6.46%
2001 3 126.71 + 1.25% + 5.02%
2001 4 127.95 + 0.98% + 3.91%
2002 1 128.26 + 0.24% + 0.97%
2002 2 129.56 + 1.01% + 4.05%
2002 3 131.66 + 1.62% + 6.48%
2002 4 132.45 + 0.60% + 2.40%


Lets look at Caldwell, Idaho, a city located in Boise City Nampa, Idaho 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 Caldwell, Idaho Refinance, or Caldwell, Idaho Reverse Mortgages, you could estimate your home value.

If you knew your Caldwell, Idaho home was worth $101,000.00 in 1999, you could multiply by + 14.67%, add the gain and see the home should be worth $115,812.05 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Boise-City-Nampa-ID from 1999 to 2002:
+ 3.67%

Appreciation Comparisons

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

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: 83605 - CALDWELL, ID

MSA Pop: 510876
Zip Pop: 26141
Avg Value: 81800
County: CANYON
Elev: 2367
Region: West
Lat: 43.659287
Long: -116.71639