Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Casper, Wyoming MSA appreciation it was - 32.07% (- 8.02% yearly) from 1984 to 1987.

During the same time period, WY had - 19.04% (- 4.76% yearly). From 1984 to 1987, Wyoming outperformed the individual Casper, Wyoming MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Casper-WY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1984 2 83.66 - 4.22% - 16.90%
1984 3 88.08 + 5.28% + 21.13%
1984 4 78.54 - 10.83% - 43.32%
1985 1 77.48 - 1.35% - 5.40%
1985 2 82.3 + 6.22% + 24.88%
1985 3 80.28 - 2.45% - 9.82%
1985 4 77.15 - 3.90% - 15.60%
1986 1 82.07 + 6.38% + 25.51%
1986 2 74.06 - 9.76% - 39.04%
1986 3 66.95 - 9.60% - 38.40%
1986 4 67.82 + 1.30% + 5.20%
1987 1 66.2 - 2.39% - 9.55%
1987 2 57.3 - 13.44% - 53.78%
1987 3 63.11 + 10.14% + 40.56%
1987 4 59.34 - 5.97% - 23.89%


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 Casper, Wyoming Refinance, or Casper, Wyoming Reverse Mortgages, you could estimate your home value.

If you knew your Casper, Wyoming home was worth $71,000.00 in 1984, you could multiply by - 32.07%, add the gain and see the home should be worth $48,232.86 in 1987. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Casper-WY from 1984 to 1987:
- 8.02%

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. Casper-WY lost - 34.10% from 1983 thru 1986
  2. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 82602 - CASPER, WY

MSA Pop: 68211
Zip Pop: 0
Avg Value: 0
County: NATRONA
Elev: 5122
Region: West
Lat: 42.845507
Long: -106.340192