Real Estate Appreciation for Bremerton Silverdale, Washington: + 19.55%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bremerton Silverdale, Washington: + 19.55%
- State of WA: + 21.94%
- Difference: - 10.90%
Bremerton-Silverdale-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 109.2 | - 0.03% | - 0.11% |
| 1998 | 3 | 111.73 | + 2.32% | + 9.27% |
| 1998 | 4 | 112 | + 0.24% | + 0.97% |
| 1999 | 1 | 113.13 | + 1.01% | + 4.04% |
| 1999 | 2 | 113.71 | + 0.51% | + 2.05% |
| 1999 | 3 | 114.76 | + 0.92% | + 3.69% |
| 1999 | 4 | 115.53 | + 0.67% | + 2.68% |
| 2000 | 1 | 118.81 | + 2.84% | + 11.36% |
| 2000 | 2 | 119.07 | + 0.22% | + 0.88% |
| 2000 | 3 | 120.28 | + 1.02% | + 4.06% |
| 2000 | 4 | 123.15 | + 2.39% | + 9.54% |
| 2001 | 1 | 126.66 | + 2.85% | + 11.40% |
| 2001 | 2 | 127.62 | + 0.76% | + 3.03% |
| 2001 | 3 | 128.74 | + 0.88% | + 3.51% |
| 2001 | 4 | 130.58 | + 1.43% | + 5.72% |
Lets look at Bainbridge Island, Washington, a city located in Bremerton Silverdale, Washington 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 Bainbridge Island, Washington Refinance, or Bainbridge Island, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Bainbridge Island, Washington home was worth $99,000.00 in 1998, you could multiply by + 19.55%, add the gain and see the home should be worth $118,350.45 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bremerton-Silverdale-WA from 1998 to 2001:
+ 4.89%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
In contrast, the worst 5 MSAs from 1998 to 2001 were Wenatchee-WA, Midland-TX, Albuquerque-NM, Grand-Forks-ND-MN, and Springfield-IL .
- Wenatchee-WA only increased + 5.36% between 1998 and 2001
- Midland-TX only increased + 5.49% between 1998 and 2001
- Albuquerque-NM only increased + 5.79% between 1998 and 2001
- Grand-Forks-ND-MN only increased + 6.02% between 1998 and 2001
- Springfield-IL only increased + 6.24% between 1998 and 2001
Zip Code in MSA: 98110 - BAINBRIDGE ISLAND, WA
MSA Pop: 240719Zip Pop: 20308
Avg Value: 322400
County: KITSAP
Elev: 152
Region: West
Lat: 47.648276
Long: -122.529633