Real Estate Appreciation for Colorado Springs, Colorado: + 72.82%
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 + 72.82% (+ 7.28% yearly) from 1994 to 2003.
During the same time period, CO had + 93.35% (+ 9.33% yearly).
From 1994 to 2003, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Cascade, Colorado, a city located in Colorado Springs, Colorado MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Cascade, Colorado Refinance, or Cascade, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Cascade, Colorado home was worth $97,000.00 in 1994, you could multiply by + 72.82%, add the gain and see the home should be worth $167,637.74 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1994 to 2003:
+ 7.28%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 80809 - CASCADE, CO
MSA Pop: 572264Zip Pop: 1408
Avg Value: 168900
County: EL PASO
Elev: 6008
Region: West
Lat: 38.91486
Long: -104.98686