Real Estate Appreciation for Colorado Springs, Colorado: + 48.82%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Colorado Springs, Colorado did compared to the state as a whole.
The Colorado Springs, Colorado MSA property value change was + 48.82% (+ 6.10% yearly).
All of the property in CO averaged + 63.73% change in value (+ 7.97% yearly).
Colorado-Springs-CO
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 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 Calhan, Colorado Refinance, or Calhan, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Calhan, Colorado home was worth $101,000.00 in 1997, you could multiply by + 48.82%, add the gain and see the home should be worth $150,311.61 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1997 to 2004:
+ 6.10%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
- Salinas-CA increased +182.20% from 1997 to the end of 2004
- Napa-CA increased +169.41% from 1997 to the end of 2004
- Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004
In contrast, the worst 5 MSAs from 1997 to 2004 were Ogden-Clearfield-UT, Columbus-IN, Springfield-IL, Lafayette-IN, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 18.92% between 1997 and 2004
- Columbus-IN only increased + 19.22% between 1997 and 2004
- Springfield-IL only increased + 19.59% between 1997 and 2004
- Lafayette-IN only increased + 20.80% between 1997 and 2004
- Provo-Orem-UT only increased + 22.07% between 1997 and 2004
Zip Code in MSA: 80808 - CALHAN, CO
MSA Pop: 572264Zip Pop: 6154
Avg Value: 129100
County: EL PASO
Elev: 6008
Region: West
Lat: 38.977557
Long: -104.315802