Real Estate Appreciation for Columbus, Ohio: + 17.45%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Columbus, Ohio MSA appreciation it was + 17.45% (+ 4.36% yearly) from 2000 to 2003.
During the same time period, OH had + 16.72% (+ 4.18% yearly).
You can see that the Columbus, Ohio MSA experienced higher appreciation in this case.
Columbus-OH
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 125.28 | + 1.29% | + 5.14% |
| 2000 | 3 | 126.46 | + 0.94% | + 3.77% |
| 2000 | 4 | 128.24 | + 1.41% | + 5.63% |
| 2001 | 1 | 130.73 | + 1.94% | + 7.77% |
| 2001 | 2 | 131.95 | + 0.93% | + 3.73% |
| 2001 | 3 | 133.35 | + 1.06% | + 4.24% |
| 2001 | 4 | 134.63 | + 0.96% | + 3.84% |
| 2002 | 1 | 135.89 | + 0.94% | + 3.74% |
| 2002 | 2 | 136.99 | + 0.81% | + 3.24% |
| 2002 | 3 | 138.71 | + 1.26% | + 5.02% |
| 2002 | 4 | 139.58 | + 0.63% | + 2.51% |
| 2003 | 1 | 140.81 | + 0.88% | + 3.52% |
| 2003 | 2 | 141.88 | + 0.76% | + 3.04% |
| 2003 | 3 | 142.97 | + 0.77% | + 3.07% |
| 2003 | 4 | 145.28 | + 1.62% | + 6.46% |
There are a lot of ways to use the appreciation data for Columbus, Ohio .
Lets look at Delaware, 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 Delaware, Ohio check out Spec-Loan.com
If you were going to do a Delaware, Ohio Refinance, or Delaware, Ohio Reverse Mortgages, you could estimate your home value.
If you knew your Delaware, Ohio home was worth $103,000.00 in 2000, you could multiply by + 17.45%, add the gain and see the home should be worth $120,978.58 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-OH from 2000 to 2003:
+ 4.36%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
Zip Code in MSA: 43015 - DELAWARE, OH
MSA Pop: 1674589Zip Pop: 36625
Avg Value: 139400
County: DELAWARE
Elev: 900
Region: Midwest
Lat: 40.28538
Long: -83.0595