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 Chico, California MSA appreciated +116.34% (+ 19.39% yearly) for the period between 2001 and the end of 2006.

The state had +120.48% total appreciation (+ 20.08% yearly). The state average for California was higher than the real estate appreciation in the Chico, California 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 + 3.56% faster than this MSA.

Chico-CA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Chico, California Refinance, or Chico, California Reverse Mortgages, you could estimate your home value.

If you knew your Chico, California home was worth $107,000.00 in 2001, you could multiply by +116.34%, add the gain and see the home should be worth $231,478.88 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chico-CA from 2001 to 2006:
+ 19.39%

Appreciation Comparisons

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

Zip Code in MSA: 95926 - CHICO, CA

MSA Pop: 211010
Zip Pop: 35803
Avg Value: 137700
County: BUTTE
Elev: 174
Region: West
Lat: 39.79146
Long: -121.84764