Real Estate Appreciation for Champaign Urbana, Illinios: + 47.44%
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.
- Champaign Urbana, Illinios: + 47.44%
- State of IL: + 57.24%
- Difference: - 17.12%
Champaign-Urbana-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Champaign Urbana, Illinios .
Lets look at Melvin, Illinios, a city located in Champaign Urbana, Illinios 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 Melvin, Illinios check out Spec-Loan.com
If you were going to do a Melvin, Illinios Refinance, or Melvin, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Melvin, Illinios home was worth $100,000.00 in 1996, you could multiply by + 47.44%, add the gain and see the home should be worth $147,441.26 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 1996 to 2004:
+ 5.27%
Appreciation Comparisons
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
The top 5 performing MSAs from 1996 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Barnstable-Town-MA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +184.94% from 1996 to the end of 2004
- Salinas-CA increased +181.73% from 1996 to the end of 2004
- Barnstable-Town-MA increased +169.91% from 1996 to the end of 2004
- Napa-CA increased +168.26% from 1996 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +166.00% from 1996 to the end of 2004
Zip Code in MSA: 60952 - MELVIN, IL
MSA Pop: 217320Zip Pop: 698
Avg Value: 49300
County: FORD
Elev: 790
Region: Midwest
Lat: 40.573277
Long: -88.248138