Real Estate Appreciation for Corpus Christi, Texas: + 14.32%
Appreciation for MSAs:.
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 + 14.32% (+ 7.16% yearly) from 2004 to 2005.
During the same time period, TX had + 9.00% (+ 4.50% 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 |
| 2004 | 2 | 139.09 | + 1.03% | + 4.13% |
| 2004 | 3 | 143.61 | + 3.25% | + 13.00% |
| 2004 | 4 | 147.04 | + 2.39% | + 9.55% |
| 2005 | 1 | 147.72 | + 0.46% | + 1.85% |
| 2005 | 2 | 150.49 | + 1.88% | + 7.50% |
| 2005 | 3 | 154.24 | + 2.49% | + 9.97% |
| 2005 | 4 | 157.39 | + 2.04% | + 8.17% |
Lets look at Agua Dulce, Texas, a city located in Corpus Christi, Texas 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 Agua Dulce, Texas Refinance, or Agua Dulce, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Agua Dulce, Texas home was worth $109,000.00 in 2004, you could multiply by + 14.32%, add the gain and see the home should be worth $124,613.28 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 2004 to 2005:
+ 7.16%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 78330 - AGUA DULCE, TX
MSA Pop: 406830Zip Pop: 1001
Avg Value: 45100
County: NUECES
Elev: 35
Region: South
Lat: 27.78172
Long: -97.90887