Real Estate Appreciation for Casper, Wyoming: + 42.01%
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 + 42.01% (+ 10.50% yearly) for the period between 2001 and the end of 2004.
The state had + 32.54% total appreciation (+ 8.14% 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 133.06 | + 2.73% | + 10.90% |
| 2001 | 3 | 134.52 | + 1.10% | + 4.39% |
| 2001 | 4 | 135.29 | + 0.57% | + 2.29% |
| 2002 | 1 | 139.21 | + 2.90% | + 11.59% |
| 2002 | 2 | 142.44 | + 2.32% | + 9.28% |
| 2002 | 3 | 147.85 | + 3.80% | + 15.19% |
| 2002 | 4 | 147.39 | - 0.31% | - 1.24% |
| 2003 | 1 | 149.24 | + 1.26% | + 5.02% |
| 2003 | 2 | 152.09 | + 1.91% | + 7.64% |
| 2003 | 3 | 156.93 | + 3.18% | + 12.73% |
| 2003 | 4 | 161.07 | + 2.64% | + 10.55% |
| 2004 | 1 | 164.18 | + 1.93% | + 7.72% |
| 2004 | 2 | 168.92 | + 2.89% | + 11.55% |
| 2004 | 3 | 180.1 | + 6.62% | + 26.47% |
| 2004 | 4 | 183.94 | + 2.13% | + 8.53% |
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 $105,000.00 in 2001, you could multiply by + 42.01%, add the gain and see the home should be worth $149,106.00 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Casper-WY from 2001 to 2004:
+ 10.50%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
- Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
- Fresno-CA increased + 90.07% from 2001 to the end of 2004
- Madera-CA increased + 89.58% from 2001 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004
In contrast, the worst 5 MSAs from 2001 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Austin-Round-Rock-TX, Provo-Orem-UT, and Columbus-IN .
- Ogden-Clearfield-UT only increased + 5.61% between 2001 and 2004
- Jackson-TN only increased + 5.91% between 2001 and 2004
- Austin-Round-Rock-TX only increased + 5.99% between 2001 and 2004
- Provo-Orem-UT only increased + 6.69% between 2001 and 2004
- Columbus-IN only increased + 7.56% between 2001 and 2004
Zip Code in MSA: 82602 - CASPER, WY
MSA Pop: 68211Zip Pop: 0
Avg Value: 0
County: NATRONA
Elev: 5122
Region: West
Lat: 42.845507
Long: -106.340192