Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Columbus, Ohio MSA appreciated + 32.18% (+ 4.02% yearly) for the period between 1999 and the end of 2006.

The state had + 30.12% total appreciation (+ 3.77% yearly). The Columbus, Ohio MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Columbus-OH

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation


Lets look at Powell, Ohio, a city located in Columbus, Ohio 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 Powell, Ohio Refinance, or Powell, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Powell, Ohio home was worth $105,000.00 in 1999, you could multiply by + 32.18%, add the gain and see the home should be worth $138,783.83 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Columbus-OH from 1999 to 2006:
+ 4.02%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2006 were Naples-Marco-Island-FL, Salinas-CA, Merced-CA, Riverside-San-Bernardino-Ontario-CA, and Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M .

  1. Naples-Marco-Island-FL increased +209.59% from 1999 to the end of 2006
  2. Salinas-CA increased +204.52% from 1999 to the end of 2006
  3. Merced-CA increased +196.27% from 1999 to the end of 2006
  4. Riverside-San-Bernardino-Ontario-CA increased +194.43% from 1999 to the end of 2006
  5. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +190.86% from 1999 to the end of 2006

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 .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

Zip Code in MSA: 43065 - POWELL, OH

MSA Pop: 1674589
Zip Pop: 24414
Avg Value: 201500
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.17324
Long: -83.09106