Real Estate Appreciation for Boise City Nampa, Idaho: + 11.43%
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 + 11.43% (+ 3.81% yearly) for the period between 2001 and the end of 2003.
The state had + 11.09% total appreciation (+ 3.70% 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 134.21 | + 1.33% | + 5.32% |
| 2003 | 2 | 134.4 | + 0.14% | + 0.57% |
| 2003 | 3 | 135.49 | + 0.81% | + 3.24% |
| 2003 | 4 | 137.22 | + 1.28% | + 5.11% |
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 $104,000.00 in 2001, you could multiply by + 11.43%, add the gain and see the home should be worth $115,882.10 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Boise-City-Nampa-ID from 2001 to 2003:
+ 3.81%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .
- Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
- Chico-CA increased + 50.54% from 2001 to the end of 2003
- Fresno-CA increased + 50.27% from 2001 to the end of 2003
- Redding-CA increased + 49.39% from 2001 to the end of 2003
- Madera-CA increased + 48.53% from 2001 to the end of 2003
In contrast, the worst 5 MSAs from 2001 to 2003 were Ogden-Clearfield-UT, Logan-UT-ID, Provo-Orem-UT, Austin-Round-Rock-TX, and Jackson-TN .
- Ogden-Clearfield-UT only increased + 2.75% between 2001 and 2003
- Logan-UT-ID only increased + 2.82% between 2001 and 2003
- Provo-Orem-UT only increased + 2.87% between 2001 and 2003
- Austin-Round-Rock-TX only increased + 3.75% between 2001 and 2003
- Jackson-TN only increased + 3.85% between 2001 and 2003
Zip Code in MSA: 83605 - CALDWELL, ID
MSA Pop: 510876Zip Pop: 26141
Avg Value: 81800
County: CANYON
Elev: 2367
Region: West
Lat: 43.659287
Long: -116.71639