Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 53.50%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Cape Coral Fort Myers, Florida: + 53.50%
- State of FL: + 49.55%
- Difference: + 7.95%
Cape-Coral-Fort-Myers-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
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 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 Fort Myers, Florida check out 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 $98,000.00 in 1996, you could multiply by + 53.50%, add the gain and see the home should be worth $150,425.56 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1996 to 2002:
+ 7.64%
Appreciation Comparisons
The worst 5 MSAs from 1996 to 2002 were Honolulu-HI, Lewiston-ID-WA, Coeur-d'Alene-ID, Buffalo-Niagara-Falls-NY, and El-Paso-TX .
- Honolulu-HI only increased + 4.03% between 1996 and 2002
- Lewiston-ID-WA only increased + 10.18% between 1996 and 2002
- Coeur-d'Alene-ID only increased + 10.45% between 1996 and 2002
- Buffalo-Niagara-Falls-NY only increased + 11.08% between 1996 and 2002
- El-Paso-TX only increased + 12.08% between 1996 and 2002
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 33902 - FORT MYERS, FL
MSA Pop: 492210Zip Pop: 0
Avg Value: 0
County: LEE
Elev: 10
Region: South
Lat: 26.602505
Long: -81.865559