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 Corvallis, Oregon MSA appreciated + 10.93% (+ 3.64% yearly) for the period between 2001 and the end of 2003.

The state had + 14.04% total appreciation (+ 4.68% yearly). The state average for Oregon was higher than the real estate appreciation in the Corvallis, Oregon MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 28.50% faster than this MSA.

Corvallis-OR

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 122.56 + 2.01% + 8.06%
2001 3 121.65 - 0.74% - 2.97%
2001 4 122.36 + 0.58% + 2.33%
2002 1 124.62 + 1.85% + 7.39%
2002 2 125.44 + 0.66% + 2.63%
2002 3 126.13 + 0.55% + 2.20%
2002 4 126.78 + 0.52% + 2.06%
2003 1 127.9 + 0.88% + 3.53%
2003 2 128.48 + 0.45% + 1.81%
2003 3 130.22 + 1.35% + 5.42%
2003 4 133.27 + 2.34% + 9.37%


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 Blodgett, Oregon 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 Corvallis, Oregon.

If you were going to do a Blodgett, Oregon Refinance, or Blodgett, Oregon Reverse Mortgages, you could estimate your home value.

If you knew your Blodgett, Oregon home was worth $104,000.00 in 2001, you could multiply by + 10.93%, add the gain and see the home should be worth $115,366.07 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Corvallis-OR from 2001 to 2003:
+ 3.64%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .

  1. Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
  2. Chico-CA increased + 50.54% from 2001 to the end of 2003
  3. Fresno-CA increased + 50.27% from 2001 to the end of 2003
  4. Redding-CA increased + 49.39% from 2001 to the end of 2003
  5. Madera-CA increased + 48.53% from 2001 to the end of 2003

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 97326 - BLODGETT, OR

MSA Pop: 79335
Zip Pop: 781
Avg Value: 163300
County: BENTON
Elev: 225
Region: West
Lat: 44.638815
Long: -123.554098