Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 9.29%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Cape Coral Fort Myers, Florida MSA appreciation it was + 9.29% (+ 1.86% yearly) from 1994 to 1998.
During the same time period, FL had + 14.65% (+ 2.93% yearly).
From 1994 to 1998, Florida outperformed the individual Cape Coral Fort Myers, Florida MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Cape-Coral-Fort-Myers-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1995-1998 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Cape-Coral-Fort-Myers-FL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Florida, you can do some research at Spec-Loan.com.
If you were going to do a Fort Myers, Florida Refinance, or Fort Myers, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Fort Myers, Florida home was worth $92,000.00 in 1994, you could multiply by + 9.29%, add the gain and see the home should be worth $100,551.14 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1994 to 1998:
+ 1.86%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1998 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Pueblo-CO, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 47.64% from 1994 to the end of 1998
- Salt-Lake-City-UT increased + 47.33% from 1994 to the end of 1998
- Provo-Orem-UT increased + 44.17% from 1994 to the end of 1998
- Pueblo-CO increased + 41.37% from 1994 to the end of 1998
- Portland-Vancouver-Beaverton-OR-WA increased + 40.97% from 1994 to the end of 1998
Zip Code in MSA: 33901 - FORT MYERS, FL
MSA Pop: 492210Zip Pop: 21072
Avg Value: 88500
County: LEE
Elev: 10
Region: South
Lat: 26.628545
Long: -81.86739