Real Estate Appreciation for Cedar Rapids, Iowa: + 8.42%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Cedar Rapids, Iowa: + 8.42%
- State of IA: + 12.19%
- Difference: - 30.96%
Cedar-Rapids-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
There are a lot of ways to use the appreciation data for Cedar Rapids, Iowa .
Lets look at Anamosa, Iowa, a city located in Cedar Rapids, Iowa MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Anamosa, Iowa check out Spec-Loan.com
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 $98,000.00 in 1998, you could multiply by + 8.42%, add the gain and see the home should be worth $106,247.00 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1998 to 2000:
+ 2.81%
Appreciation Comparisons
The worst 5 MSAs from 1998 to 2000 were Midland-TX, Wenatchee-WA, Buffalo-Niagara-Falls-NY, Grand-Forks-ND-MN, and Coeur-d'Alene-ID .
- Midland-TX decreased by - 1.12% between 1998 and 2000
- Wenatchee-WA only increased + 0.15% between 1998 and 2000
- Buffalo-Niagara-Falls-NY only increased + 0.36% between 1998 and 2000
- Grand-Forks-ND-MN only increased + 0.83% between 1998 and 2000
- Coeur-d'Alene-ID only increased + 1.01% between 1998 and 2000
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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