Real Estate Appreciation for Cheyenne, Wyoming: + 15.78%

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cheyenne, Wyoming MSA appreciation it was + 15.78% (+ 7.89% yearly) from 2004 to 2005.

During the same time period, WY had + 23.07% (+ 11.54% yearly). From 2004 to 2005, 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

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
2004	2	156.77	+ 2.51%	+ 10.04%
2004	3	162.4	+ 3.59%	+ 14.36%
2004	4	165.44	+ 1.87%	+ 7.49%
2005	1	168.49	+ 1.84%	+ 7.37%
2005	2	169.1	+ 0.36%	+ 1.45%
2005	3	174.49	+ 3.19%	+ 12.75%
2005	4	177.06	+ 1.47%	+ 5.89%

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 $109,000.00 in 2004, you could multiply by + 15.78%, add the gain and see the home should be worth $126,198.52 in 2005. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Cheyenne-WY from 2004 to 2005:
+ 7.89%

Appreciation Comparisons

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

The top 5 performing MSAs from 2004 to 2005 were 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 to the end of 2005
2. Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
3. Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
4. Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005

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