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 + 46.89% (+ 7.82% yearly) between 1993 and the end of 1998.

The state of CO had + 51.76% total appreciation (+ 8.63% 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 + 10.37% faster than this MSA.

Colorado-Springs-CO

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Palmer Lake, Colorado Refinance, or Palmer Lake, Colorado Reverse Mortgages, you could estimate your home value.

If you knew your Palmer Lake, Colorado home was worth $91,000.00 in 1993, you could multiply by + 46.89%, add the gain and see the home should be worth $133,674.42 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1993 to 1998:
+ 7.82%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1998 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .

  1. Salt-Lake-City-UT increased + 71.69% from 1993 to the end of 1998
  2. Ogden-Clearfield-UT increased + 68.79% from 1993 to the end of 1998
  3. Provo-Orem-UT increased + 68.09% from 1993 to the end of 1998
  4. Greeley-CO increased + 57.86% from 1993 to the end of 1998
  5. Logan-UT-ID increased + 56.04% from 1993 to the end of 1998

Zip Code in MSA: 80133 - PALMER LAKE, CO

MSA Pop: 572264
Zip Pop: 1529
Avg Value: 150300
County: EL PASO
Elev: 6008
Region: West
Lat: 39.117561
Long: -104.913457