Real Estate Appreciation for Columbia, Missouri: + 5.87%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Columbia, Missouri: + 5.87%
- State of MO: + 7.55%
- Difference: - 22.28%
Columbia-MO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Some of the ways peope use our appreciation data for Columbia, Missouri include real estate investment .
Lets look at Ashland, Missouri, a city located in Columbia, Missouri MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Missouri check out Spec-Loan.com
If you were going to do a Ashland, Missouri Refinance, or Ashland, Missouri Reverse Mortgages, you could estimate your home value.
If you knew your Ashland, Missouri home was worth $93,000.00 in 1996, you could multiply by + 5.87%, add the gain and see the home should be worth $98,456.68 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 1996 to 1997:
+ 2.93%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 65010 - ASHLAND, MO
MSA Pop: 151129Zip Pop: 4040
Avg Value: 115300
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.787891
Long: -92.258565