Real Estate Appreciation for Cheyenne, Wyoming: + 3.33%
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: + 3.33%
- State of WY: + 3.70%
- Difference: - 10.07%
Cheyenne-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 114.68 | + 0.10% | + 0.42% |
| 1998 | 3 | 114.83 | + 0.13% | + 0.52% |
| 1998 | 4 | 114.89 | + 0.05% | + 0.21% |
| 1999 | 1 | 115.29 | + 0.35% | + 1.39% |
| 1999 | 2 | 116.94 | + 1.43% | + 5.72% |
| 1999 | 3 | 117.77 | + 0.71% | + 2.84% |
| 1999 | 4 | 118.37 | + 0.51% | + 2.04% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Cheyenne, Wyoming click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Cheyenne, Wyoming.
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 $97,000.00 in 1998, you could multiply by + 3.33%, add the gain and see the home should be worth $100,226.00 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1998 to 1999:
+ 1.66%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
In contrast, the worst 5 MSAs from 1998 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Scranton-Wilkes-Barre-PA, Grand-Forks-ND-MN, and Midland-TX .
- Honolulu-HI decreased by - 2.52% between 1998 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.49% between 1998 and 1999
- Scranton-Wilkes-Barre-PA decreased by - 2.23% between 1998 and 1999
- Grand-Forks-ND-MN decreased by - 2.16% between 1998 and 1999
- Midland-TX decreased by - 1.40% between 1998 and 1999
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