Real Estate Appreciation for Cheyenne, Wyoming: + 72.12%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Cheyenne, Wyoming did compared to the state as a whole.
The Cheyenne, Wyoming MSA property value change was + 72.12% (+ 7.21% yearly).
All of the property in WY averaged + 91.75% change in value (+ 9.18% yearly).
Cheyenne-WY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Cheyenne-WY here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Wyoming, you can do some research at 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 $103,000.00 in 1997, you could multiply by + 72.12%, add the gain and see the home should be worth $177,282.56 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1997 to 2006:
+ 7.21%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2006 were Lafayette-IN, Kokomo-IN, Columbus-IN, Springfield-IL, and Anderson-IN .
- Lafayette-IN only increased + 22.65% between 1997 and 2006
- Kokomo-IN only increased + 24.43% between 1997 and 2006
- Columbus-IN only increased + 28.09% between 1997 and 2006
- Springfield-IL only increased + 28.91% between 1997 and 2006
- Anderson-IN only increased + 29.98% between 1997 and 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 82006 - CHEYENNE, WY
MSA Pop: 84083Zip Pop: 0
Avg Value: 0
County: LARAMIE
Elev: 6062
Region: West
Lat: 41.40689
Long: -104.85826