Real Estate Appreciation for Canton Massillon, Ohio: + 6.36%
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.
- Canton Massillon, Ohio: + 6.36%
- State of OH: + 6.11%
- Difference: + 4.25%
Canton-Massillon-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 121.77 | + 1.31% | + 5.26% |
| 1998 | 3 | 122.88 | + 0.91% | + 3.65% |
| 1998 | 4 | 125.51 | + 2.14% | + 8.56% |
| 1999 | 1 | 126.1 | + 0.47% | + 1.88% |
| 1999 | 2 | 126.2 | + 0.08% | + 0.32% |
| 1999 | 3 | 126.16 | - 0.03% | - 0.13% |
| 1999 | 4 | 127.84 | + 1.33% | + 5.33% |
Lets look at Alliance, Ohio, a city located in Canton Massillon, Ohio 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 Alliance, Ohio Refinance, or Alliance, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Alliance, Ohio home was worth $97,000.00 in 1998, you could multiply by + 6.36%, add the gain and see the home should be worth $103,173.97 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Canton-Massillon-OH from 1998 to 1999:
+ 3.18%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 44601 - ALLIANCE, OH
MSA Pop: 407118Zip Pop: 37071
Avg Value: 82900
County: STARK
Elev: 1030
Region: Midwest
Lat: 40.918086
Long: -81.133545