Real Estate Appreciation for Columbia, Missouri: + 19.02%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Columbia, Missouri MSA appreciation it was + 19.02% (+ 4.75% yearly) from 1994 to 1997.
During the same time period, MO had + 18.08% (+ 4.52% yearly).
You can see that the Columbia, Missouri MSA experienced higher appreciation in this case.
Columbia-MO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 106.1 | - 0.16% | - 0.64% |
| 1997 | 2 | 106.31 | + 0.20% | + 0.79% |
| 1997 | 3 | 107.68 | + 1.29% | + 5.15% |
| 1997 | 4 | 108.26 | + 0.54% | + 2.15% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Hartsburg, Missouri click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Columbia, Missouri.
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 $91,000.00 in 1994, you could multiply by + 19.02%, add the gain and see the home should be worth $108,307.61 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 1994 to 1997:
+ 4.75%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .
- Honolulu-HI decreased by - 14.47% between 1994 and 1997
- Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
- Binghamton-NY decreased by - 9.70% between 1994 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
- Kingston-NY decreased by - 6.47% between 1994 and 1997
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
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