Real Estate Appreciation for Cheyenne, Wyoming: + 8.33%
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.
- Cheyenne, Wyoming: + 8.33%
- State of WY: + 8.09%
- Difference: + 2.89%
Cheyenne-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 114.56 | + 1.22% | + 4.88% |
| 1998 | 2 | 114.68 | + 0.10% | + 0.42% |
| 1998 | 3 | 114.83 | + 0.13% | + 0.52% |
| 1998 | 4 | 114.89 | + 0.05% | + 0.21% |
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 $94,000.00 in 1996, you could multiply by + 8.33%, add the gain and see the home should be worth $101,825.95 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1996 to 1998:
+ 2.78%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
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