Real Estate Appreciation for Cape Coral Fort Myers, Florida: +194.81%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Cape Coral Fort Myers, Florida did compared to the state as a whole.
The Cape Coral Fort Myers, Florida MSA property value change was +194.81% (+ 17.71% yearly).
All of the property in FL averaged +170.30% change in value (+ 15.48% yearly).
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
There are a lot of ways to use the appreciation data for Cape Coral Fort Myers, Florida .
Lets look at North Fort Myers, Florida, a city located in Cape Coral Fort Myers, Florida MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in North Fort Myers, Florida check out Spec-Loan.com
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 $100,000.00 in 1995, you could multiply by +194.81%, add the gain and see the home should be worth $294,810.00 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1995 to 2005:
+ 17.71%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
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