Real Estate Appreciation for Cheyenne, Wyoming: + 29.37%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Cheyenne, Wyoming MSA appreciated + 29.37% (+ 5.87% yearly) for the period between 1999 and the end of 2003.
The state had + 29.60% total appreciation (+ 5.92% yearly).
The state average for Wyoming was higher than the real estate appreciation in the Cheyenne, Wyoming MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 0.79% faster than this MSA.
Cheyenne-WY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
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 $102,000.00 in 1999, you could multiply by + 29.37%, add the gain and see the home should be worth $131,956.80 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 1999 to 2003:
+ 5.87%
Appreciation Comparisons
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
The top 5 performing MSAs from 1999 to 2003 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Vallejo-Fairfield-CA, and Salinas-CA .
- Barnstable-Town-MA increased +102.31% from 1999 to the end of 2003
- Napa-CA increased + 97.58% from 1999 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 94.52% from 1999 to the end of 2003
- Vallejo-Fairfield-CA increased + 94.15% from 1999 to the end of 2003
- Salinas-CA increased + 91.44% from 1999 to the end of 2003
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