Real Estate Appreciation for Chico, California: + 15.17%
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.
- Chico, California: + 15.17%
- State of CA: + 31.11%
- Difference: - 51.22%
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 104.77 | - 0.64% | - 2.58% |
| 1998 | 3 | 105.65 | + 0.84% | + 3.36% |
| 1998 | 4 | 106.04 | + 0.37% | + 1.48% |
| 1999 | 1 | 107.46 | + 1.34% | + 5.36% |
| 1999 | 2 | 107.02 | - 0.41% | - 1.64% |
| 1999 | 3 | 108.9 | + 1.76% | + 7.03% |
| 1999 | 4 | 108.13 | - 0.71% | - 2.83% |
| 2000 | 1 | 111.6 | + 3.21% | + 12.84% |
| 2000 | 2 | 114.63 | + 2.72% | + 10.86% |
| 2000 | 3 | 118.47 | + 3.35% | + 13.40% |
| 2000 | 4 | 121.45 | + 2.52% | + 10.06% |
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 Berry Creek, California 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 Chico, California.
If you were going to do a Berry Creek, California Refinance, or Berry Creek, California Reverse Mortgages, you could estimate your home value.
If you knew your Berry Creek, California home was worth $98,000.00 in 1998, you could multiply by + 15.17%, add the gain and see the home should be worth $112,869.61 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 1998 to 2000:
+ 5.06%
Appreciation Comparisons
The worst 5 MSAs from 1998 to 2000 were Midland-TX, Wenatchee-WA, Buffalo-Niagara-Falls-NY, Grand-Forks-ND-MN, and Coeur-d'Alene-ID .
- Midland-TX decreased by - 1.12% between 1998 and 2000
- Wenatchee-WA only increased + 0.15% between 1998 and 2000
- Buffalo-Niagara-Falls-NY only increased + 0.36% between 1998 and 2000
- Grand-Forks-ND-MN only increased + 0.83% between 1998 and 2000
- Coeur-d'Alene-ID only increased + 1.01% between 1998 and 2000
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 95916 - BERRY CREEK, CA
MSA Pop: 211010Zip Pop: 1276
Avg Value: 101600
County: BUTTE
Elev: 174
Region: West
Lat: 39.637154
Long: -121.390333