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 + 9.68% (+ 4.84% yearly) between 2003 and the end of 2004.

The state of MO had + 11.43% total appreciation (+ 5.71% yearly). The state average for Missouri was higher than the real estate appreciation in the Columbia, Missouri MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 18.06% faster than this MSA.

Columbia-MO

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 128.49 + 0.08% + 0.31%
2003 3 129.79 + 1.01% + 4.05%
2003 4 132.85 + 2.36% + 9.43%
2004 1 133.06 + 0.16% + 0.63%
2004 2 135.23 + 1.63% + 6.52%
2004 3 140.25 + 3.71% + 14.85%
2004 4 140.82 + 0.41% + 1.63%


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 Ashland, 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 Ashland, Missouri Refinance, or Ashland, Missouri Reverse Mortgages, you could estimate your home value.

If you knew your Ashland, Missouri home was worth $107,000.00 in 2003, you could multiply by + 9.68%, add the gain and see the home should be worth $117,359.14 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbia-MO from 2003 to 2004:
+ 4.84%

Appreciation Comparisons

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 65010 - ASHLAND, MO

MSA Pop: 151129
Zip Pop: 4040
Avg Value: 115300
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.787891
Long: -92.258565