Real Estate Appreciation for Casper, Wyoming: + 10.96%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Casper, Wyoming did compared to the state as a whole.
The Casper, Wyoming MSA property value change was + 10.96% (+ 3.65% yearly).
All of the property in WY averaged + 8.98% change in value (+ 2.99% yearly).
Casper-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 111.7 | + 0.89% | + 3.54% |
| 1997 | 3 | 111.07 | - 0.56% | - 2.26% |
| 1997 | 4 | 113.03 | + 1.76% | + 7.06% |
| 1998 | 1 | 115.18 | + 1.90% | + 7.61% |
| 1998 | 2 | 116.33 | + 1.00% | + 3.99% |
| 1998 | 3 | 117.61 | + 1.10% | + 4.40% |
| 1998 | 4 | 117.58 | - 0.03% | - 0.10% |
| 1999 | 1 | 117.75 | + 0.14% | + 0.58% |
| 1999 | 2 | 122.62 | + 4.14% | + 16.54% |
| 1999 | 3 | 122.63 | + 0.01% | + 0.03% |
| 1999 | 4 | 122.85 | + 0.18% | + 0.72% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Casper-WY here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Wyoming, you can do some research at Spec-Loan.com.
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 $96,000.00 in 1997, you could multiply by + 10.96%, add the gain and see the home should be worth $106,517.34 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Casper-WY from 1997 to 1999:
+ 3.65%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
Zip Code in MSA: 82601 - CASPER, WY
MSA Pop: 68211Zip Pop: 23230
Avg Value: 75700
County: NATRONA
Elev: 5122
Region: West
Lat: 42.840624
Long: -106.320876