Real Estate Appreciation for Columbus, Ohio: + 37.26%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Columbus, Ohio did compared to the state as a whole.
The Columbus, Ohio MSA property value change was + 37.26% (+ 4.66% yearly).
All of the property in OH averaged + 36.30% change in value (+ 4.54% yearly).
Columbus-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 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 Powell, Ohio Refinance, or Powell, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Powell, Ohio home was worth $101,000.00 in 1997, you could multiply by + 37.26%, add the gain and see the home should be worth $138,627.81 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 1997 to 2004:
+ 4.66%
Appreciation Comparisons
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
Zip Code in MSA: 43065 - POWELL, OH
MSA Pop: 1674589Zip Pop: 24414
Avg Value: 201500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.17324
Long: -83.09106