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 + 96.53% (+ 8.04% yearly) from 1994 to 2005.

During the same time period, CO had +114.24% (+ 9.52% yearly). From 1994 to 2005, 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 Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 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 Divide, Colorado Refinance, or Divide, Colorado Reverse Mortgages, you could estimate your home value.

If you knew your Divide, Colorado home was worth $99,000.00 in 1994, you could multiply by + 96.53%, add the gain and see the home should be worth $194,567.97 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1994 to 2005:
+ 8.04%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 2005 were Rochester-NY, Elmira-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, and McAllen-Edinburg-Mission-TX .

  1. Rochester-NY only increased + 29.90% between 1994 and 2005
  2. Elmira-NY only increased + 31.63% between 1994 and 2005
  3. Buffalo-Niagara-Falls-NY only increased + 33.47% between 1994 and 2005
  4. Springfield-IL only increased + 33.93% between 1994 and 2005
  5. McAllen-Edinburg-Mission-TX only increased + 36.85% between 1994 and 2005

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 80814 - DIVIDE, CO

MSA Pop: 572264
Zip Pop: 3416
Avg Value: 167100
County: TELLER
Elev: 9508
Region: West
Lat: 38.941833
Long: -105.17992