Real Estate Appreciation for Cheyenne, Wyoming: + 11.92%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cheyenne, Wyoming MSA appreciated + 11.92% (+ 5.96% yearly) between 1993 and the end of 1994.
The state of WY had + 17.50% total appreciation (+ 8.75% 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 than the state as a whole. The state appreaciated + 46.78% faster than this MSA.
Cheyenne-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 86.72 | + 0.58% | + 2.32% |
| 1993 | 3 | 88.74 | + 2.33% | + 9.32% |
| 1993 | 4 | 90.45 | + 1.93% | + 7.71% |
| 1994 | 1 | 92.96 | + 2.78% | + 11.10% |
| 1994 | 2 | 95.97 | + 3.24% | + 12.95% |
| 1994 | 3 | 97.65 | + 1.75% | + 7.00% |
| 1994 | 4 | 96.5 | - 1.18% | - 4.71% |
Lets look at Cheyenne, Wyoming, a city located in Cheyenne, Wyoming MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
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 $87,000.00 in 1993, you could multiply by + 11.92%, add the gain and see the home should be worth $97,373.00 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1993 to 1994:
+ 5.96%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 82001 - CHEYENNE, WY
MSA Pop: 84083Zip Pop: 34767
Avg Value: 94200
County: LARAMIE
Elev: 6062
Region: West
Lat: 41.141572
Long: -104.791325