Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Columbus, Indiana MSA appreciation it was + 6.10% (+ 3.05% yearly) from 2000 to 2001.

During the same time period, IN had + 7.92% (+ 3.96% yearly). From 2000 to 2001, Indiana outperformed the individual Columbus, Indiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Columbus-IN

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 114.4 + 0.62% + 2.50%
2000 3 115.87 + 1.28% + 5.14%
2000 4 116.08 + 0.18% + 0.72%
2001 1 119.67 + 3.09% + 12.37%
2001 2 120.05 + 0.32% + 1.27%
2001 3 120.56 + 0.42% + 1.70%
2001 4 120.63 + 0.06% + 0.23%


Lets look at Columbus, Indiana, a city located in Columbus, Indiana MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $101,000.00 in 2000, you could multiply by + 6.10%, add the gain and see the home should be worth $107,165.36 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-IN from 2000 to 2001:
+ 3.05%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .

  1. Stockton-CA increased + 32.40% from 2000 to the end of 2001
  2. Salinas-CA increased + 31.19% from 2000 to the end of 2001
  3. Modesto-CA increased + 30.86% from 2000 to the end of 2001
  4. Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
  5. Merced-CA increased + 28.81% from 2000 to the end of 2001

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: 47201 - COLUMBUS, IN

MSA Pop: 72341
Zip Pop: 37915
Avg Value: 94500
County: BARTHOLOMEW
Elev: 629
Region: Midwest
Lat: 39.200842
Long: -85.93243