Real Estate Appreciation for Columbia, Missouri: + 67.83%
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 + 67.83% (+ 5.65% yearly) from 1994 to 2005.
During the same time period, MO had + 84.29% (+ 7.02% yearly).
From 1994 to 2005, Missouri outperformed the individual Columbia, Missouri MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Columbia-MO
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Columbia, Missouri Refinance, or Columbia, Missouri Reverse Mortgages, you could estimate your home value.
If you knew your Columbia, Missouri home was worth $99,000.00 in 1994, you could multiply by + 67.83%, add the gain and see the home should be worth $166,153.69 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 1994 to 2005:
+ 5.65%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 65202 - COLUMBIA, MO
MSA Pop: 151129Zip Pop: 35834
Avg Value: 87500
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.996113
Long: -92.317522