Real Estate Appreciation for Corpus Christi, Texas: + 18.77%
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 Corpus Christi, Texas MSA appreciation it was + 18.77% (+ 4.69% yearly) from 2000 to 2003.
During the same time period, TX had + 17.56% (+ 4.39% yearly).
You can see that the Corpus Christi, Texas MSA experienced higher appreciation in this case.
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 113.69 | + 0.53% | + 2.12% |
| 2000 | 3 | 114.89 | + 1.06% | + 4.22% |
| 2000 | 4 | 117.14 | + 1.96% | + 7.83% |
| 2001 | 1 | 116.86 | - 0.24% | - 0.96% |
| 2001 | 2 | 120.69 | + 3.28% | + 13.11% |
| 2001 | 3 | 121.63 | + 0.78% | + 3.12% |
| 2001 | 4 | 122.49 | + 0.71% | + 2.83% |
| 2002 | 1 | 124.7 | + 1.80% | + 7.22% |
| 2002 | 2 | 125.68 | + 0.79% | + 3.14% |
| 2002 | 3 | 127.7 | + 1.61% | + 6.43% |
| 2002 | 4 | 129.68 | + 1.55% | + 6.20% |
| 2003 | 1 | 130.81 | + 0.87% | + 3.49% |
| 2003 | 2 | 130.67 | - 0.11% | - 0.43% |
| 2003 | 3 | 134.53 | + 2.95% | + 11.82% |
| 2003 | 4 | 134.32 | - 0.16% | - 0.62% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Aransas Pass, Texas click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Corpus Christi, Texas.
If you were going to do a Aransas Pass, Texas Refinance, or Aransas Pass, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Aransas Pass, Texas home was worth $103,000.00 in 2000, you could multiply by + 18.77%, add the gain and see the home should be worth $122,335.84 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 2000 to 2003:
+ 4.69%
Appreciation Comparisons
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
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
Zip Code in MSA: 78336 - ARANSAS PASS, TX
MSA Pop: 406830Zip Pop: 12106
Avg Value: 46400
County: SAN PATRICIO
Elev: 54
Region: South
Lat: 27.903685
Long: -97.159316