Real Estate Appreciation for Cape Coral Fort Myers, Florida: +207.42%
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 +207.42% (+ 17.29% yearly).
All of the property in FL averaged +193.71% change in value (+ 16.14% yearly).
Cape-Coral-Fort-Myers-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 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 $101,000.00 in 1995, you could multiply by +207.42%, add the gain and see the home should be worth $310,494.20 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1995 to 2006:
+ 17.29%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Ocean-City-NJ, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, and Oxnard-Thousand-Oaks-Ventura-CA .
- Salinas-CA increased +252.85% from 1995 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +235.41% from 1995 to the end of 2006
- Ocean-City-NJ increased +233.38% from 1995 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +229.46% from 1995 to the end of 2006
- Oxnard-Thousand-Oaks-Ventura-CA increased +221.92% from 1995 to the end of 2006
In contrast, the worst 5 MSAs from 1995 to 2006 were Lafayette-IN, Springfield-IL, Rochester-NY, Columbus-IN, and Fort-Wayne-IN .
- Lafayette-IN only increased + 32.66% between 1995 and 2006
- Springfield-IL only increased + 35.99% between 1995 and 2006
- Rochester-NY only increased + 37.45% between 1995 and 2006
- Columbus-IN only increased + 38.30% between 1995 and 2006
- Fort-Wayne-IN only increased + 41.07% between 1995 and 2006
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