Real Estate Appreciation for Cape Coral Fort Myers, Florida: +183.66%
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 +183.66% (+ 15.31% yearly) from 1994 to 2005.
During the same time period, FL had +168.94% (+ 14.08% yearly).
You can see that the Cape Coral Fort Myers, Florida MSA experienced higher appreciation in this case.
Cape-Coral-Fort-Myers-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in North Fort Myers, Florida click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Cape Coral Fort Myers, Florida.
If you were going to do a North Fort Myers, Florida Refinance, or North Fort Myers, Florida Reverse Mortgages, you could estimate your home value.
If you knew your North Fort Myers, Florida home was worth $99,000.00 in 1994, you could multiply by +183.66%, add the gain and see the home should be worth $280,825.46 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1994 to 2005:
+ 15.31%
Appreciation Comparisons
The worst 5 MSAs from 1994 to 2005 were Rochester-NY, Elmira-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, and McAllen-Edinburg-Mission-TX .
- Rochester-NY only increased + 29.90% between 1994 and 2005
- Elmira-NY only increased + 31.63% between 1994 and 2005
- Buffalo-Niagara-Falls-NY only increased + 33.47% between 1994 and 2005
- Springfield-IL only increased + 33.93% between 1994 and 2005
- McAllen-Edinburg-Mission-TX only increased + 36.85% between 1994 and 2005
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 33903 - NORTH FORT MYERS, FL
MSA Pop: 492210Zip Pop: 23107
Avg Value: 57500
County: LEE
Elev: 10
Region: South
Lat: 26.682447
Long: -81.905878