Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Casper, Wyoming MSA appreciated + 14.90% (+ 4.97% yearly) for the period between 1999 and the end of 2001.

The state had + 14.20% total appreciation (+ 4.73% yearly). The Casper, Wyoming MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Casper-WY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 122.62 + 4.14% + 16.54%
1999 3 122.63 + 0.01% + 0.03%
1999 4 122.85 + 0.18% + 0.72%
2000 1 122.71 - 0.11% - 0.46%
2000 2 125.74 + 2.47% + 9.88%
2000 3 126.26 + 0.41% + 1.65%
2000 4 128.58 + 1.84% + 7.35%
2001 1 129.53 + 0.74% + 2.96%
2001 2 133.06 + 2.73% + 10.90%
2001 3 134.52 + 1.10% + 4.39%
2001 4 135.29 + 0.57% + 2.29%


If you need information on Hard Money Rehab Loans in Casper, Wyoming look 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 $100,000.00 in 1999, you could multiply by + 14.90%, add the gain and see the home should be worth $114,895.97 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Casper-WY from 1999 to 2001:
+ 4.97%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 1999 to 2001 were Salinas-CA, Santa-Rosa-Petaluma-CA, Vallejo-Fairfield-CA, Barnstable-Town-MA, and Santa-Cruz-Watsonville-CA .

  1. Salinas-CA increased + 55.48% from 1999 to the end of 2001
  2. Santa-Rosa-Petaluma-CA increased + 53.43% from 1999 to the end of 2001
  3. Vallejo-Fairfield-CA increased + 52.75% from 1999 to the end of 2001
  4. Barnstable-Town-MA increased + 51.91% from 1999 to the end of 2001
  5. Santa-Cruz-Watsonville-CA increased + 51.50% from 1999 to the end of 2001

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