Real Estate Appreciation for Cleveland Elyria Mentor, Ohio: + 23.42%
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.
- Cleveland Elyria Mentor, Ohio: + 23.42%
- State of OH: + 25.15%
- Difference: - 6.87%
Cleveland-Elyria-Mentor-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Cleveland Elyria Mentor, Ohio include real estate investment .
Lets look at Amherst, Ohio, a city located in Cleveland Elyria Mentor, Ohio 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 Ohio check out Spec-Loan.com
If you were going to do a Amherst, Ohio Refinance, or Amherst, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Amherst, Ohio home was worth $101,000.00 in 1998, you could multiply by + 23.42%, add the gain and see the home should be worth $124,654.83 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1998 to 2003:
+ 3.90%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2003 were Barnstable-Town-MA, Napa-CA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased +119.99% from 1998 to the end of 2003
- Napa-CA increased +114.39% from 1998 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +111.21% from 1998 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased +108.99% from 1998 to the end of 2003
- Salinas-CA increased +107.08% from 1998 to the end of 2003
Zip Code in MSA: 44001 - AMHERST, OH
MSA Pop: 2139512Zip Pop: 20730
Avg Value: 132400
County: LORAIN
Elev: 733
Region: Midwest
Lat: 41.3693
Long: -82.2561