Real Estate Appreciation for Cedar Rapids, Iowa: + 13.88%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Cedar Rapids, Iowa did compared to the state as a whole.
The Cedar Rapids, Iowa MSA property value change was + 13.88% (+ 3.47% yearly).
All of the property in IA averaged + 17.57% change in value (+ 4.39% yearly).
Cedar-Rapids-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 107.63 | + 1.11% | + 4.43% |
| 1997 | 3 | 109.63 | + 1.86% | + 7.43% |
| 1997 | 4 | 109.86 | + 0.21% | + 0.84% |
| 1998 | 1 | 111.82 | + 1.78% | + 7.14% |
| 1998 | 2 | 111.81 | - 0.01% | - 0.04% |
| 1998 | 3 | 113 | + 1.06% | + 4.26% |
| 1998 | 4 | 114.41 | + 1.25% | + 4.99% |
| 1999 | 1 | 115.41 | + 0.87% | + 3.50% |
| 1999 | 2 | 115.95 | + 0.47% | + 1.87% |
| 1999 | 3 | 116.83 | + 0.76% | + 3.04% |
| 1999 | 4 | 116.06 | - 0.66% | - 2.64% |
| 2000 | 1 | 117.95 | + 1.63% | + 6.51% |
| 2000 | 2 | 118.81 | + 0.73% | + 2.92% |
| 2000 | 3 | 120.33 | + 1.28% | + 5.12% |
| 2000 | 4 | 121.23 | + 0.75% | + 2.99% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Anamosa, Iowa click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Cedar Rapids, Iowa.
If you were going to do a Anamosa, Iowa Refinance, or Anamosa, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Anamosa, Iowa home was worth $97,000.00 in 1997, you could multiply by + 13.88%, add the gain and see the home should be worth $110,467.92 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1997 to 2000:
+ 3.47%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
Zip Code in MSA: 52205 - ANAMOSA, IA
MSA Pop: 242744Zip Pop: 8087
Avg Value: 83700
County: JONES
Elev: 829
Region: Midwest
Lat: 42.11352
Long: -91.29522