Real Estate Appreciation for Colorado Springs, Colorado: + 17.22%
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: + 17.22%
- State of CO: + 27.79%
- Difference: - 38.02%
Colorado-Springs-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 118.76 | + 1.77% | + 7.06% |
| 1998 | 2 | 119.57 | + 0.68% | + 2.73% |
| 1998 | 3 | 120.8 | + 1.03% | + 4.11% |
| 1998 | 4 | 121.82 | + 0.84% | + 3.38% |
| 1999 | 1 | 122.96 | + 0.94% | + 3.74% |
| 1999 | 2 | 123.86 | + 0.73% | + 2.93% |
| 1999 | 3 | 125.22 | + 1.10% | + 4.39% |
| 1999 | 4 | 126.8 | + 1.26% | + 5.05% |
Lets look at Monument, 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 Monument, Colorado Refinance, or Monument, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Monument, Colorado home was worth $95,000.00 in 1996, you could multiply by + 17.22%, add the gain and see the home should be worth $111,361.75 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1996 to 1999:
+ 4.31%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Bakersfield-CA, Reading-PA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 13.65% between 1996 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.34% between 1996 and 1999
- Bakersfield-CA decreased by - 0.56% between 1996 and 1999
- Reading-PA decreased by - 0.46% between 1996 and 1999
- Albany-Schenectady-Troy-NY decreased by - 0.38% between 1996 and 1999
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 80132 - MONUMENT, CO
MSA Pop: 572264Zip Pop: 13758
Avg Value: 269300
County: EL PASO
Elev: 6008
Region: West
Lat: 39.099353
Long: -104.85034