Real Estate Appreciation for Colorado Springs, Colorado: +117.31%
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 +117.31% (+ 9.02% yearly) for the Colorado Springs, Colorado MSA.
The entire state of CO had +143.46% appreciation (+ 11.04% 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 + 22.29%.
Colorado-Springs-CO
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 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 Florissant, 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 Florissant, Colorado Refinance, or Florissant, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Florissant, Colorado home was worth $96,000.00 in 1992, you could multiply by +117.31%, add the gain and see the home should be worth $208,618.26 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1992 to 2004:
+ 9.02%
Appreciation Comparisons
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
The top 5 performing MSAs from 1992 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Medford-OR, and Boulder-CO .
- Salinas-CA increased +178.15% from 1992 to the end of 2004
- Barnstable-Town-MA increased +174.04% from 1992 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +161.74% from 1992 to the end of 2004
- Medford-OR increased +161.06% from 1992 to the end of 2004
- Boulder-CO increased +160.43% from 1992 to the end of 2004
Zip Code in MSA: 80816 - FLORISSANT, CO
MSA Pop: 572264Zip Pop: 3555
Avg Value: 145700
County: TELLER
Elev: 9508
Region: West
Lat: 38.889096
Long: -105.264273