Real Estate Appreciation for Columbus, Ohio: + 8.30%
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, Ohio MSA appreciated + 8.30% (+ 4.15% yearly) between 1993 and the end of 1994.
The state of OH had + 8.06% total appreciation (+ 4.03% yearly).
The Columbus, Ohio MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 2.92% faster than the state as a whole.
Columbus-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 92.89 | + 0.74% | + 2.95% |
| 1993 | 3 | 94.18 | + 1.39% | + 5.55% |
| 1993 | 4 | 95 | + 0.87% | + 3.48% |
| 1994 | 1 | 96.38 | + 1.45% | + 5.81% |
| 1994 | 2 | 98.02 | + 1.70% | + 6.81% |
| 1994 | 3 | 98.66 | + 0.65% | + 2.61% |
| 1994 | 4 | 99.86 | + 1.22% | + 4.87% |
If you need information on Hard Money Rehab Loans in Westerville, Ohio look at Spec-Loan.com
If you were going to do a Westerville, Ohio Refinance, or Westerville, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Westerville, Ohio home was worth $87,000.00 in 1993, you could multiply by + 8.30%, add the gain and see the home should be worth $94,217.76 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 1993 to 1994:
+ 4.15%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 43082 - WESTERVILLE, OH
MSA Pop: 1674589Zip Pop: 17786
Avg Value: 225500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.11948
Long: -82.92918