Real Estate Appreciation for Columbus, Ohio: + 21.15%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Columbus, Ohio: + 21.15%
- State of OH: + 20.68%
- Difference: + 2.31%
Columbus-OH
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Columbus, Ohio .
Lets look at Galena, Ohio, a city located in Columbus, Ohio MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Galena, Ohio check out Spec-Loan.com
If you were going to do a Galena, Ohio Refinance, or Galena, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Galena, Ohio home was worth $100,000.00 in 1998, you could multiply by + 21.15%, add the gain and see the home should be worth $121,152.68 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 1998 to 2002:
+ 4.23%
Appreciation Comparisons
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 43021 - GALENA, OH
MSA Pop: 1674589Zip Pop: 5474
Avg Value: 222700
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.192973
Long: -82.897442