Real Estate Appreciation for Colorado Springs, Colorado: + 20.81%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Colorado Springs, Colorado MSA appreciated + 20.81% (+ 5.20% yearly) between 2003 and the end of 2006.
The state of CO had + 15.94% total appreciation (+ 3.99% yearly).
The Colorado Springs, Colorado MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 30.53% faster than the state as a whole.
Colorado-Springs-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 169.45 | + 1.11% | + 4.44% |
| 2005 | 2 | 174.47 | + 2.96% | + 11.85% |
| 2005 | 3 | 177.13 | + 1.52% | + 6.10% |
| 2005 | 4 | 180.28 | + 1.78% | + 7.11% |
| 2006 | 1 | 181.73 | + 0.80% | + 3.22% |
| 2006 | 2 | 183.33 | + 0.88% | + 3.52% |
| 2006 | 3 | 184.75 | + 0.77% | + 3.10% |
| 2006 | 4 | 187.5 | + 1.49% | + 5.95% |
If you want to learn more about fixing up and flipping property and Hard Money Rehab 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 $109,000.00 in 2003, you could multiply by + 20.81%, add the gain and see the home should be worth $131,684.92 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 2003 to 2006:
+ 5.20%
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