Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Colorado Springs, Colorado MSA appreciated + 12.74% (+ 4.25% yearly) for the period between 2001 and the end of 2003.

The state had + 12.28% total appreciation (+ 4.09% yearly). The Colorado Springs, Colorado MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Colorado-Springs-CO

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 143.16 + 1.81% + 7.25%
2001 3 146.22 + 2.14% + 8.55%
2001 4 147.87 + 1.13% + 4.51%
2002 1 149.31 + 0.97% + 3.90%
2002 2 150.5 + 0.80% + 3.19%
2002 3 153.26 + 1.83% + 7.34%
2002 4 154.73 + 0.96% + 3.84%
2003 1 155.2 + 0.30% + 1.22%
2003 2 155.72 + 0.34% + 1.34%
2003 3 156.85 + 0.73% + 2.90%
2003 4 158.53 + 1.07% + 4.28%


There are a lot of ways to use the appreciation data for Colorado Springs, Colorado .

Lets look at Elbert, Colorado, a city located in Colorado Springs, Colorado MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Elbert, Colorado check out Spec-Loan.com

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 $104,000.00 in 2001, you could multiply by + 12.74%, add the gain and see the home should be worth $117,254.25 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 2001 to 2003:
+ 4.25%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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