Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Cape Coral Fort Myers, Florida MSA appreciated + 32.12% (+ 16.06% yearly) between 2003 and the end of 2004.

The state of FL had + 31.13% total appreciation (+ 15.56% yearly). The Cape Coral Fort Myers, Florida MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 3.20% faster than the state as a whole.

Cape-Coral-Fort-Myers-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 168.28 + 2.76% + 11.04%
2003 3 172.25 + 2.36% + 9.44%
2003 4 178.71 + 3.75% + 15.00%
2004 1 184.42 + 3.20% + 12.78%
2004 2 194.36 + 5.39% + 21.56%
2004 3 205.15 + 5.55% + 22.21%
2004 4 216.36 + 5.46% + 21.86%


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 $107,000.00 in 2003, you could multiply by + 32.12%, add the gain and see the home should be worth $141,368.59 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2003 to 2004:
+ 16.06%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Lafayette-LA lost - 25.36% from 1986 thru 1987
  2. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 33901 - FORT MYERS, FL

MSA Pop: 492210
Zip Pop: 21072
Avg Value: 88500
County: LEE
Elev: 10
Region: South
Lat: 26.628545
Long: -81.86739