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 +127.65% (+ 10.64% yearly) between 1993 and the end of 2004.

The state of WY had +100.87% total appreciation (+ 8.41% yearly). The Casper, Wyoming MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 26.54% faster than the state as a whole.

Casper-WY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


Lets look at Alcova, Wyoming, a city located in Casper, Wyoming MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Alcova, Wyoming Refinance, or Alcova, Wyoming Reverse Mortgages, you could estimate your home value.

If you knew your Alcova, Wyoming home was worth $97,000.00 in 1993, you could multiply by +127.65%, add the gain and see the home should be worth $220,819.06 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Casper-WY from 1993 to 2004:
+ 10.64%

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. Odessa-TX lost - 17.39% from 1984 thru 1995
  2. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 82620 - ALCOVA, WY

MSA Pop: 68211
Zip Pop: 227
Avg Value: 91900
County: NATRONA
Elev: 5122
Region: West
Lat: 42.527352
Long: -106.776598