Real Estate Appreciation for Cheyenne, Wyoming: + 11.60%
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 + 11.60% (+ 5.80% yearly).
All of the property in WY averaged + 22.66% change in value (+ 11.33% yearly).
Cheyenne-WY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 169.1 | + 0.36% | + 1.45% |
| 2005 | 3 | 174.49 | + 3.19% | + 12.75% |
| 2005 | 4 | 177.06 | + 1.47% | + 5.89% |
| 2006 | 1 | 181.75 | + 2.65% | + 10.60% |
| 2006 | 2 | 180.5 | - 0.69% | - 2.75% |
| 2006 | 3 | 186.6 | + 3.38% | + 13.52% |
| 2006 | 4 | 188.04 | + 0.77% | + 3.09% |
Some of the ways peope use our appreciation data for Cheyenne, Wyoming include real estate investment .
Lets look at Cheyenne, Wyoming, a city located in Cheyenne, Wyoming MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Wyoming 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 $111,000.00 in 2005, you could multiply by + 11.60%, add the gain and see the home should be worth $123,879.40 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cheyenne-WY from 2005 to 2006:
+ 5.80%
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- 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 .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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