Real Estate Appreciation for Columbus, Indiana: + 26.12%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Columbus, Indiana MSA appreciated + 26.12% (+ 8.71% yearly) between 1993 and the end of 1995.
The state of IN had + 13.58% total appreciation (+ 4.53% yearly).
The Columbus, Indiana MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 92.33% faster than the state as a whole.
Columbus-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 85.79 | + 1.82% | + 7.26% |
| 1993 | 3 | 86.66 | + 1.01% | + 4.06% |
| 1993 | 4 | 88.25 | + 1.83% | + 7.34% |
| 1994 | 1 | 90.5 | + 2.55% | + 10.20% |
| 1994 | 2 | 95.35 | + 5.36% | + 21.44% |
| 1994 | 3 | 98.99 | + 3.82% | + 15.27% |
| 1994 | 4 | 98.69 | - 0.30% | - 1.21% |
| 1995 | 1 | 100 | + 1.33% | + 5.31% |
| 1995 | 2 | 102.3 | + 2.30% | + 9.20% |
| 1995 | 3 | 105.17 | + 2.81% | + 11.22% |
| 1995 | 4 | 106.27 | + 1.05% | + 4.18% |
There are a lot of ways to use the appreciation data for Columbus, Indiana .
Lets look at Columbus, 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 Columbus, Indiana check out Spec-Loan.com
If you were going to do a Columbus, Indiana Refinance, or Columbus, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Columbus, Indiana home was worth $88,000.00 in 1993, you could multiply by + 26.12%, add the gain and see the home should be worth $110,986.95 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1993 to 1995:
+ 8.71%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 47202 - COLUMBUS, IN
MSA Pop: 72341Zip Pop: 0
Avg Value: 0
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.20587
Long: -85.921439