Real Estate Appreciation for Columbus, Indiana: + 37.76%
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 + 37.76% (+ 4.72% yearly) between 1993 and the end of 2000.
The state of IN had + 37.22% total appreciation (+ 4.65% yearly).
The Columbus, Indiana MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 1.46% faster than the state as a whole.
Columbus-IN
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Grammer, Indiana Refinance, or Grammer, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Grammer, Indiana home was worth $93,000.00 in 1993, you could multiply by + 37.76%, add the gain and see the home should be worth $128,120.58 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-IN from 1993 to 2000:
+ 4.72%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 2000 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Bakersfield-CA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 12.00% between 1993 and 2000
- Utica-Rome-NY decreased by - 0.39% between 1993 and 2000
- Binghamton-NY only increased + 0.04% between 1993 and 2000
- Bakersfield-CA only increased + 0.49% between 1993 and 2000
- Albany-Schenectady-Troy-NY only increased + 0.78% between 1993 and 2000
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 47236 - GRAMMER, IN
MSA Pop: 72341Zip Pop: 0
Avg Value: 0
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.135
Long: -85.813333