Real Estate Appreciation for Colorado Springs, Colorado: + 38.05%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 38.05% (+ 6.34% yearly) from 2000 to 2005.
During the same time period, CO had + 37.72% (+ 6.29% yearly).
You can see that the Colorado Springs, Colorado MSA experienced higher appreciation in this case.
Colorado-Springs-CO
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Colorado Springs, Colorado include real estate investment .
Lets look at Palmer Lake, Colorado, a city located in Colorado Springs, Colorado MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Colorado check out Spec-Loan.com
If you were going to do a Palmer Lake, Colorado Refinance, or Palmer Lake, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Palmer Lake, Colorado home was worth $105,000.00 in 2000, you could multiply by + 38.05%, add the gain and see the home should be worth $144,952.91 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 2000 to 2005:
+ 6.34%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2000 to 2005 were Lafayette-IN, Burlington-NC, Jonesboro-AR, Jackson-TN, and Decatur-AL .
- Lafayette-IN only increased + 12.89% between 2000 and 2005
- Burlington-NC only increased + 15.79% between 2000 and 2005
- Jonesboro-AR only increased + 16.76% between 2000 and 2005
- Jackson-TN only increased + 17.68% between 2000 and 2005
- Decatur-AL only increased + 17.80% between 2000 and 2005
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 80133 - PALMER LAKE, CO
MSA Pop: 572264Zip Pop: 1529
Avg Value: 150300
County: EL PASO
Elev: 6008
Region: West
Lat: 39.117561
Long: -104.913457