Real Estate Appreciation for Bowling Green, Kentucky: + 11.63%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bowling Green, Kentucky did compared to the state as a whole.
The Bowling Green, Kentucky MSA property value change was + 11.63% (+ 2.91% yearly).
All of the property in KY averaged + 16.88% change in value (+ 4.22% yearly).
Bowling-Green-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 107.37 | + 0.25% | + 1.01% |
| 1997 | 3 | 109.81 | + 2.27% | + 9.09% |
| 1997 | 4 | 111.1 | + 1.17% | + 4.70% |
| 1998 | 1 | 112.04 | + 0.85% | + 3.38% |
| 1998 | 2 | 112.73 | + 0.62% | + 2.46% |
| 1998 | 3 | 113.49 | + 0.67% | + 2.70% |
| 1998 | 4 | 114.68 | + 1.05% | + 4.19% |
| 1999 | 1 | 115.6 | + 0.80% | + 3.21% |
| 1999 | 2 | 115.8 | + 0.17% | + 0.69% |
| 1999 | 3 | 115.71 | - 0.08% | - 0.31% |
| 1999 | 4 | 116.53 | + 0.71% | + 2.83% |
| 2000 | 1 | 117 | + 0.40% | + 1.61% |
| 2000 | 2 | 118.33 | + 1.14% | + 4.55% |
| 2000 | 3 | 117.71 | - 0.52% | - 2.10% |
| 2000 | 4 | 119.56 | + 1.57% | + 6.29% |
There are a lot of ways to use the appreciation data for Bowling Green, Kentucky .
Lets look at Bowling Green, Kentucky, a city located in Bowling Green, Kentucky MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bowling Green, Kentucky check out Spec-Loan.com
If you were going to do a Bowling Green, Kentucky Refinance, or Bowling Green, Kentucky Reverse Mortgages, you could estimate your home value.
If you knew your Bowling Green, Kentucky home was worth $97,000.00 in 1997, you could multiply by + 11.63%, add the gain and see the home should be worth $108,284.97 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 1997 to 2000:
+ 2.91%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 42101 - BOWLING GREEN, KY
MSA Pop: 107647Zip Pop: 49351
Avg Value: 76000
County: WARREN
Elev: 529
Region: South
Lat: 37.01624
Long: -86.461229