Appreciation for MSAs:.

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

The Casper, Wyoming MSA appreciated + 21.35% (+ 10.67% yearly) between 1993 and the end of 1994.

The state of WY had + 17.50% total appreciation (+ 8.75% yearly). The Casper, Wyoming MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 21.99% faster than the state as a whole.

Casper-WY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 84.31 + 4.34% + 17.38%
1993 3 87.29 + 3.53% + 14.14%
1993 4 90.08 + 3.20% + 12.78%
1994 1 93.15 + 3.41% + 13.63%
1994 2 96.88 + 4.00% + 16.02%
1994 3 97.34 + 0.47% + 1.90%
1994 4 98.05 + 0.73% + 2.92%


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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 $87,000.00 in 1993, you could multiply by + 21.35%, add the gain and see the home should be worth $105,573.64 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Casper-WY from 1993 to 1994:
+ 10.67%

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: 82601 - CASPER, WY

MSA Pop: 68211
Zip Pop: 23230
Avg Value: 75700
County: NATRONA
Elev: 5122
Region: West
Lat: 42.840624
Long: -106.320876