Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Cape Coral Fort Myers, Florida MSA appreciated +135.57% (+ 22.60% yearly) for the period between 2001 and the end of 2006.

The state had +120.66% total appreciation (+ 20.11% yearly). The Cape Coral Fort Myers, Florida MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Cape-Coral-Fort-Myers-FL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $107,000.00 in 2001, you could multiply by +135.57%, add the gain and see the home should be worth $252,060.84 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2001 to 2006:
+ 22.60%

Appreciation Comparisons

The worst 5 MSAs from 2001 to 2006 were Kokomo-IN, Lafayette-IN, Anderson-IN, Muncie-IN, and Saginaw-Saginaw-Township-North-MI .

  1. Kokomo-IN only increased + 7.35% between 2001 and 2006
  2. Lafayette-IN only increased + 9.59% between 2001 and 2006
  3. Anderson-IN only increased + 11.00% between 2001 and 2006
  4. Muncie-IN only increased + 12.69% between 2001 and 2006
  5. Saginaw-Saginaw-Township-North-MI only increased + 12.79% between 2001 and 2006

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 33902 - FORT MYERS, FL

MSA Pop: 492210
Zip Pop: 0
Avg Value: 0
County: LEE
Elev: 10
Region: South
Lat: 26.602505
Long: -81.865559