Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Columbus, Indiana MSA appreciation it was + 6.81% (+ 3.41% yearly) from 2004 to 2005.

During the same time period, IN had + 7.86% (+ 3.93% yearly). From 2004 to 2005, 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
2004 2 127.09 + 0.79% + 3.14%
2004 3 127.79 + 0.55% + 2.20%
2004 4 128.72 + 0.73% + 2.91%
2005 1 130.24 + 1.18% + 4.72%
2005 2 133.18 + 2.26% + 9.03%
2005 3 134.04 + 0.65% + 2.58%
2005 4 134.69 + 0.48% + 1.94%


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 Columbus, 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 Columbus, Indiana Refinance, or Columbus, Indiana Reverse Mortgages, you could estimate your home value.

If you knew your Columbus, Indiana home was worth $109,000.00 in 2004, you could multiply by + 6.81%, add the gain and see the home should be worth $116,425.14 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-IN from 2004 to 2005:
+ 3.41%

Appreciation Comparisons

The worst 5 MSAs from 2004 to 2005 were Burlington-NC, Jonesboro-AR, Lafayette-IN, Rocky-Mount-NC, and Youngstown-Warren-Boardman-OH-PA .

  1. Burlington-NC only increased + 0.60% between 2004 and 2005
  2. Jonesboro-AR only increased + 2.06% between 2004 and 2005
  3. Lafayette-IN only increased + 2.12% between 2004 and 2005
  4. Rocky-Mount-NC only increased + 2.82% between 2004 and 2005
  5. Youngstown-Warren-Boardman-OH-PA only increased + 3.78% between 2004 and 2005

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

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

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