Real Estate Appreciation for Columbia, Missouri: + 25.08%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Columbia, Missouri MSA appreciated + 25.08% (+ 6.27% yearly) between 1993 and the end of 1996.
The state of MO had + 16.72% total appreciation (+ 4.18% yearly).
The Columbia, Missouri MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 50.00% faster than the state as a whole.
Columbia-MO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 85.72 | + 0.89% | + 3.58% |
| 1993 | 3 | 86.83 | + 1.29% | + 5.18% |
| 1993 | 4 | 87.29 | + 0.53% | + 2.12% |
| 1994 | 1 | 90.96 | + 4.20% | + 16.82% |
| 1994 | 2 | 95.54 | + 5.04% | + 20.14% |
| 1994 | 3 | 97.4 | + 1.95% | + 7.79% |
| 1994 | 4 | 99.45 | + 2.10% | + 8.42% |
| 1995 | 1 | 100 | + 0.55% | + 2.21% |
| 1995 | 2 | 100.52 | + 0.52% | + 2.08% |
| 1995 | 3 | 101.26 | + 0.74% | + 2.94% |
| 1995 | 4 | 102.32 | + 1.05% | + 4.19% |
| 1996 | 1 | 102.26 | - 0.06% | - 0.23% |
| 1996 | 2 | 104.35 | + 2.04% | + 8.18% |
| 1996 | 3 | 105.3 | + 0.91% | + 3.64% |
| 1996 | 4 | 106.27 | + 0.92% | + 3.68% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Columbia-MO here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Missouri, you can do some research at Spec-Loan.com.
If you were going to do a Hartsburg, Missouri Refinance, or Hartsburg, Missouri Reverse Mortgages, you could estimate your home value.
If you knew your Hartsburg, Missouri home was worth $89,000.00 in 1993, you could multiply by + 25.08%, add the gain and see the home should be worth $111,323.33 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 1993 to 1996:
+ 6.27%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1993 to 1996 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Greeley-CO .
- Salt-Lake-City-UT increased + 55.78% from 1993 to the end of 1996
- Provo-Orem-UT increased + 52.50% from 1993 to the end of 1996
- Ogden-Clearfield-UT increased + 51.69% from 1993 to the end of 1996
- Logan-UT-ID increased + 43.02% from 1993 to the end of 1996
- Greeley-CO increased + 41.92% from 1993 to the end of 1996
Zip Code in MSA: 65039 - HARTSBURG, MO
MSA Pop: 151129Zip Pop: 2156
Avg Value: 126000
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.73159
Long: -92.303291