Real Estate Appreciation for Cape Coral Fort Myers, Florida: +195.80%
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 +195.80% (+ 15.06% yearly) from 1994 to 2006.
During the same time period, FL had +192.24% (+ 14.79% yearly).
You can see that the Cape Coral Fort Myers, Florida MSA experienced higher appreciation in this case.
Cape-Coral-Fort-Myers-FL
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
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If you were going to do a Cape Coral, Florida Refinance, or Cape Coral, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Cape Coral, Florida home was worth $100,000.00 in 1994, you could multiply by +195.80%, add the gain and see the home should be worth $295,795.25 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1994 to 2006:
+ 15.06%
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: 33904 - CAPE CORAL, FL
MSA Pop: 492210Zip Pop: 32678
Avg Value: 110200
County: LEE
Elev: 10
Region: South
Lat: 26.598295
Long: -81.951842