Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Colorado Springs, Colorado: + 7.89%
  • State of CO: + 9.86%
  • Difference: - 20.03%

Colorado-Springs-CO

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1996 2 109 + 0.77% + 3.07%
1996 3 110.33 + 1.22% + 4.88%
1996 4 111.51 + 1.07% + 4.28%
1997 1 112.61 + 0.99% + 3.95%
1997 2 113.59 + 0.87% + 3.48%
1997 3 115.14 + 1.36% + 5.46%
1997 4 116.7 + 1.35% + 5.42%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Elbert, Colorado click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Colorado Springs, Colorado.

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 $93,000.00 in 1996, you could multiply by + 7.89%, add the gain and see the home should be worth $100,333.73 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1996 to 1997:
+ 3.94%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
  2. Bay-City-MI increased + 14.57% from 1996 to the end of 1997
  3. Jackson-MI increased + 14.25% from 1996 to the end of 1997
  4. Monroe-MI increased + 14.01% from 1996 to the end of 1997
  5. Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997

Zip Code in MSA: 80106 - ELBERT, CO

MSA Pop: 572264
Zip Pop: 3415
Avg Value: 226800
County: EL PASO
Elev: 6008
Region: West
Lat: 39.058549
Long: -104.593857