Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 81.83%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 81.83% (+ 16.37% yearly) from 2000 to 2004.
During the same time period, FL had + 73.20% (+ 14.64% 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
2001-2004 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Cape Coral Fort Myers, Florida include real estate investment .
Lets look at Fort Myers, Florida, a city located in Cape Coral Fort Myers, Florida MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $104,000.00 in 2000, you could multiply by + 81.83%, add the gain and see the home should be worth $189,103.62 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2000 to 2004:
+ 16.37%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2000 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Lafayette-IN, Provo-Orem-UT, and Columbus-IN .
- Ogden-Clearfield-UT only increased + 10.49% between 2000 and 2004
- Jackson-TN only increased + 10.54% between 2000 and 2004
- Lafayette-IN only increased + 11.54% between 2000 and 2004
- Provo-Orem-UT only increased + 12.30% between 2000 and 2004
- Columbus-IN only increased + 13.22% between 2000 and 2004
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 33901 - FORT MYERS, FL
MSA Pop: 492210Zip Pop: 21072
Avg Value: 88500
County: LEE
Elev: 10
Region: South
Lat: 26.628545
Long: -81.86739