Real Estate Appreciation for Colorado Springs, Colorado: +100.64%
Appreciation for MSAs:.
Let's start by comparing Colorado Springs, Colorado to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +100.64% (+ 9.15% yearly) for the Colorado Springs, Colorado MSA.
The entire state of CO had +127.67% appreciation (+ 11.61% yearly).
The state average for Colorado was higher than the real estate appreciation in the Colorado Springs, Colorado MSA. This means the conditions in the MSA for real estate investment were worse by + 26.86%.
Colorado-Springs-CO
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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 Cripple Creek, Colorado 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 Colorado Springs, Colorado.
If you were going to do a Cripple Creek, Colorado Refinance, or Cripple Creek, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Cripple Creek, Colorado home was worth $94,000.00 in 1992, you could multiply by +100.64%, add the gain and see the home should be worth $188,597.25 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1992 to 2002:
+ 9.15%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2002 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Barnstable-Town-MA .
- Boulder-CO increased +149.08% from 1992 to the end of 2002
- Denver-Aurora-CO increased +134.30% from 1992 to the end of 2002
- Fort-Collins-Loveland-CO increased +128.61% from 1992 to the end of 2002
- Greeley-CO increased +124.75% from 1992 to the end of 2002
- Barnstable-Town-MA increased +111.34% from 1992 to the end of 2002
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
Zip Code in MSA: 80813 - CRIPPLE CREEK, CO
MSA Pop: 572264Zip Pop: 1938
Avg Value: 110500
County: TELLER
Elev: 9508
Region: West
Lat: 38.774618
Long: -105.186726