Real Estate Appreciation for Cedar Rapids, Iowa: + 17.30%
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: + 17.30%
- State of IA: + 22.16%
- Difference: - 21.90%
Cedar-Rapids-IA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
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 Cedar-Rapids-IA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Iowa, you can do some research at 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 $100,000.00 in 1998, you could multiply by + 17.30%, add the gain and see the home should be worth $117,304.60 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1998 to 2002:
+ 3.46%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2002 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Salinas-CA, and Santa-Cruz-Watsonville-CA .
- Barnstable-Town-MA increased + 93.09% from 1998 to the end of 2002
- Napa-CA increased + 86.55% from 1998 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 83.76% from 1998 to the end of 2002
- Salinas-CA increased + 82.76% from 1998 to the end of 2002
- Santa-Cruz-Watsonville-CA increased + 81.13% from 1998 to the end of 2002
In contrast, the worst 5 MSAs from 1998 to 2002 were Midland-TX, Lewiston-ID-WA, Springfield-IL, Fayetteville-NC, and Columbus-IN .
- Midland-TX only increased + 7.60% between 1998 and 2002
- Lewiston-ID-WA only increased + 7.99% between 1998 and 2002
- Springfield-IL only increased + 8.47% between 1998 and 2002
- Fayetteville-NC only increased + 8.72% between 1998 and 2002
- Columbus-IN only increased + 8.79% between 1998 and 2002
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