Real Estate Appreciation for Colorado Springs, Colorado: + 14.98%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Colorado Springs, Colorado MSA appreciation it was + 14.98% (+ 7.49% yearly) from 1994 to 1995.
During the same time period, CO had + 15.94% (+ 7.97% yearly).
From 1994 to 1995, Colorado outperformed the individual Colorado Springs, Colorado MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Colorado-Springs-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 $89,000.00 in 1994, you could multiply by + 14.98%, add the gain and see the home should be worth $102,331.08 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1994 to 1995:
+ 7.49%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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