Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cheyenne, Wyoming MSA appreciation it was + 7.93% (+ 3.97% yearly) from 2000 to 2001.

During the same time period, WY had + 9.60% (+ 4.80% yearly). From 2000 to 2001, 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 121.81 + 0.75% + 3.01%
2000 3 122.28 + 0.39% + 1.54%
2000 4 124.6 + 1.90% + 7.59%
2001 1 125.99 + 1.12% + 4.46%
2001 2 127.76 + 1.40% + 5.62%
2001 3 130.36 + 2.04% + 8.14%
2001 4 130.49 + 0.10% + 0.40%


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 $101,000.00 in 2000, you could multiply by + 7.93%, add the gain and see the home should be worth $109,011.50 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cheyenne-WY from 2000 to 2001:
+ 3.97%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 82001 - CHEYENNE, WY

MSA Pop: 84083
Zip Pop: 34767
Avg Value: 94200
County: LARAMIE
Elev: 6062
Region: West
Lat: 41.141572
Long: -104.791325