Real Estate Appreciation for Champaign Urbana, Illinios: + 8.54%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Champaign Urbana, Illinios MSA appreciation it was + 8.54% (+ 4.27% yearly) from 2000 to 2001.
During the same time period, IL had + 10.78% (+ 5.39% yearly).
From 2000 to 2001, Illinios outperformed the individual Champaign Urbana, Illinios MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Champaign-Urbana-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 125.36 | + 1.94% | + 7.77% |
| 2000 | 3 | 126.58 | + 0.97% | + 3.89% |
| 2000 | 4 | 127.47 | + 0.70% | + 2.81% |
| 2001 | 1 | 128.76 | + 1.01% | + 4.05% |
| 2001 | 2 | 130.54 | + 1.38% | + 5.53% |
| 2001 | 3 | 131.92 | + 1.06% | + 4.23% |
| 2001 | 4 | 133.47 | + 1.17% | + 4.70% |
There are a lot of ways to use the appreciation data for Champaign Urbana, Illinios .
Lets look at Cabery, 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 Cabery, Illinios check out Spec-Loan.com
If you were going to do a Cabery, Illinios Refinance, or Cabery, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Cabery, Illinios home was worth $101,000.00 in 2000, you could multiply by + 8.54%, add the gain and see the home should be worth $109,624.05 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Champaign-Urbana-IL from 2000 to 2001:
+ 4.27%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .
- Stockton-CA increased + 32.40% from 2000 to the end of 2001
- Salinas-CA increased + 31.19% from 2000 to the end of 2001
- Modesto-CA increased + 30.86% from 2000 to the end of 2001
- Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
- Merced-CA increased + 28.81% from 2000 to the end of 2001
Zip Code in MSA: 60919 - CABERY, IL
MSA Pop: 217320Zip Pop: 525
Avg Value: 78900
County: FORD
Elev: 790
Region: Midwest
Lat: 40.947948
Long: -88.15315