Real Estate Appreciation for Colorado Springs, Colorado: +143.13%
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 +143.13% (+ 9.54% yearly) for the Colorado Springs, Colorado MSA.
The entire state of CO had +164.78% appreciation (+ 10.99% 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 + 15.13%.
Colorado-Springs-CO
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Colorado Springs, Colorado include real estate investment .
Lets look at Florissant, Colorado, a city located in Colorado Springs, Colorado 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 Colorado check out Spec-Loan.com
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 $98,000.00 in 1992, you could multiply by +143.13%, add the gain and see the home should be worth $238,265.04 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1992 to 2006:
+ 9.54%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 9.94% from 1984 thru 1998
- Midland-TX lost - 5.77% from 1986 thru 2000
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