Real Estate Appreciation for Colorado Springs, Colorado: + 27.18%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Colorado Springs, Colorado MSA appreciated + 27.18% (+ 9.06% yearly) between 1993 and the end of 1995.
The state of CO had + 28.99% total appreciation (+ 9.66% 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 than the state as a whole. The state appreaciated + 6.66% faster than this MSA.
Colorado-Springs-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 85.71 | + 3.35% | + 13.41% |
| 1993 | 3 | 87.74 | + 2.37% | + 9.47% |
| 1993 | 4 | 90.05 | + 2.63% | + 10.53% |
| 1994 | 1 | 91.73 | + 1.87% | + 7.46% |
| 1994 | 2 | 95.49 | + 4.10% | + 16.40% |
| 1994 | 3 | 98.09 | + 2.72% | + 10.89% |
| 1994 | 4 | 98.37 | + 0.29% | + 1.14% |
| 1995 | 1 | 100 | + 1.66% | + 6.63% |
| 1995 | 2 | 101.54 | + 1.54% | + 6.16% |
| 1995 | 3 | 104.26 | + 2.68% | + 10.71% |
| 1995 | 4 | 105.47 | + 1.16% | + 4.64% |
There are a lot of ways to use the appreciation data for Colorado Springs, Colorado .
Lets look at Elbert, Colorado, a city located in Colorado Springs, Colorado MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Elbert, Colorado check out Spec-Loan.com
If you were going to do a Elbert, Colorado Refinance, or Elbert, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Elbert, Colorado home was worth $88,000.00 in 1993, you could multiply by + 27.18%, add the gain and see the home should be worth $111,918.00 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1993 to 1995:
+ 9.06%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
In contrast, the worst 5 MSAs from 1993 to 1995 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.41% between 1993 and 1995
- Binghamton-NY decreased by - 10.14% between 1993 and 1995
- Kingston-NY decreased by - 9.24% between 1993 and 1995
- Utica-Rome-NY decreased by - 9.14% between 1993 and 1995
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 7.65% between 1993 and 1995
Zip Code in MSA: 80106 - ELBERT, CO
MSA Pop: 572264Zip Pop: 3415
Avg Value: 226800
County: EL PASO
Elev: 6008
Region: West
Lat: 39.058549
Long: -104.593857