Real Estate Appreciation for Cheyenne, Wyoming: + 21.75%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Cheyenne, Wyoming MSA appreciation it was + 21.75% (+ 5.44% yearly) from 1994 to 1997.
During the same time period, WY had + 22.99% (+ 5.75% yearly).
From 1994 to 1997, Wyoming outperformed the individual Cheyenne, Wyoming MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Cheyenne-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 95.97 | + 3.24% | + 12.95% |
| 1994 | 3 | 97.65 | + 1.75% | + 7.00% |
| 1994 | 4 | 96.5 | - 1.18% | - 4.71% |
| 1995 | 1 | 100 | + 3.63% | + 14.51% |
| 1995 | 2 | 101.18 | + 1.18% | + 4.72% |
| 1995 | 3 | 101.38 | + 0.20% | + 0.79% |
| 1995 | 4 | 104.58 | + 3.16% | + 12.63% |
| 1996 | 1 | 106.06 | + 1.42% | + 5.66% |
| 1996 | 2 | 106.55 | + 0.46% | + 1.85% |
| 1996 | 3 | 106.74 | + 0.18% | + 0.71% |
| 1996 | 4 | 105.85 | - 0.83% | - 3.34% |
| 1997 | 1 | 109.25 | + 3.21% | + 12.85% |
| 1997 | 2 | 110.43 | + 1.08% | + 4.32% |
| 1997 | 3 | 109.99 | - 0.40% | - 1.59% |
| 1997 | 4 | 113.18 | + 2.90% | + 11.60% |
There are a lot of ways to use the appreciation data for Cheyenne, Wyoming .
Lets look at Cheyenne, Wyoming, a city located in Cheyenne, Wyoming 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 Cheyenne, Wyoming 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 $91,000.00 in 1994, you could multiply by + 21.75%, add the gain and see the home should be worth $110,793.67 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1994 to 1997:
+ 5.44%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
Zip Code in MSA: 82002 - CHEYENNE, WY
MSA Pop: 84083Zip Pop: 0
Avg Value: 0
County: LARAMIE
Elev: 6062
Region: West
Lat: 41.1398
Long: -104.82218