Real Estate Appreciation for Colorado Springs, Colorado: + 19.19%
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 + 19.19% (+ 4.80% yearly) for the period between 2001 and the end of 2004.
The state had + 17.15% total appreciation (+ 4.29% 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 160.47 | + 1.22% | + 4.89% |
| 2004 | 2 | 161.55 | + 0.67% | + 2.69% |
| 2004 | 3 | 165.44 | + 2.41% | + 9.63% |
| 2004 | 4 | 167.59 | + 1.30% | + 5.20% |
If you need information on Hard Money Rehab Loans in Monument, Colorado look at 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 $105,000.00 in 2001, you could multiply by + 19.19%, add the gain and see the home should be worth $125,147.22 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 2001 to 2004:
+ 4.80%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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