Real Estate Appreciation for Columbus, Indiana: + 59.20%
Appreciation for MSAs:.
Let's start by comparing Columbus, Indiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 59.20% (+ 4.93% yearly) for the Columbus, Indiana MSA.
The entire state of IN had + 57.58% appreciation (+ 4.80% yearly).
The Columbus, Indiana MSA beat out the state. by + 2.82% appreciation.
Columbus-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
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 Hope, Indiana 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 Columbus, Indiana.
If you were going to do a Hope, Indiana Refinance, or Hope, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Hope, Indiana home was worth $95,000.00 in 1992, you could multiply by + 59.20%, add the gain and see the home should be worth $151,240.48 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1992 to 2003:
+ 4.93%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2003 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Missoula-MT .
- Boulder-CO increased +151.44% from 1992 to the end of 2003
- Barnstable-Town-MA increased +140.79% from 1992 to the end of 2003
- Denver-Aurora-CO increased +139.63% from 1992 to the end of 2003
- Fort-Collins-Loveland-CO increased +136.43% from 1992 to the end of 2003
- Missoula-MT increased +131.03% from 1992 to the end of 2003
In contrast, the worst 5 MSAs from 1992 to 2003 were Binghamton-NY, Honolulu-HI, Utica-Rome-NY, Syracuse-NY, and Rochester-NY .
- Binghamton-NY only increased + 11.17% between 1992 and 2003
- Honolulu-HI only increased + 15.65% between 1992 and 2003
- Utica-Rome-NY only increased + 20.57% between 1992 and 2003
- Syracuse-NY only increased + 20.68% between 1992 and 2003
- Rochester-NY only increased + 21.10% between 1992 and 2003
Zip Code in MSA: 47246 - HOPE, IN
MSA Pop: 72341Zip Pop: 4357
Avg Value: 88900
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.292472
Long: -85.759959