Real Estate Appreciation for Columbus, Indiana: + 63.35%
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 + 63.35% (+ 4.87% yearly) for the Columbus, Indiana MSA.
The entire state of IN had + 63.25% appreciation (+ 4.87% yearly).
The Columbus, Indiana MSA beat out the state. by + 0.15% appreciation.
Columbus-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Columbus, Indiana .
Lets look at Jonesville, Indiana, a city located in Columbus, Indiana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Jonesville, Indiana check out Spec-Loan.com
If you were going to do a Jonesville, Indiana Refinance, or Jonesville, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Jonesville, Indiana home was worth $96,000.00 in 1992, you could multiply by + 63.35%, add the gain and see the home should be worth $156,816.24 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1992 to 2004:
+ 4.87%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 47247 - JONESVILLE, IN
MSA Pop: 72341Zip Pop: 126
Avg Value: 53800
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.0613
Long: -85.88875