Real Estate Appreciation for Cheyenne, Wyoming: + 81.76%
Appreciation for MSAs:.
Let's start by comparing Cheyenne, Wyoming to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 81.76% (+ 6.81% yearly) for the Cheyenne, Wyoming MSA.
The entire state of WY had + 90.92% appreciation (+ 7.58% yearly).
The state average for Wyoming was higher than the real estate appreciation in the Cheyenne, Wyoming MSA. This means the conditions in the MSA for real estate investment were worse by + 11.21%.
Cheyenne-WY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Cheyenne, Wyoming Refinance, or Cheyenne, Wyoming Reverse Mortgages, you could estimate your home value.
If you knew your Cheyenne, Wyoming home was worth $95,000.00 in 1992, you could multiply by + 81.76%, add the gain and see the home should be worth $172,669.39 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1992 to 2003:
+ 6.81%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 82008 - CHEYENNE, WY
MSA Pop: 84083Zip Pop: 0
Avg Value: 0
County: LARAMIE
Elev: 6062
Region: West
Lat: 41.11196
Long: -104.83206