Real Estate Appreciation for Davenport Moline Rock Island, Iowa, Illinios: + 29.37%
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 Davenport Moline Rock Island, Iowa, Illinios MSA appreciated + 29.37% (+ 4.89% yearly) for the period between 1999 and the end of 2004.
The state had + 27.50% total appreciation (+ 4.58% yearly).
The Davenport Moline Rock Island, Iowa, Illinios 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.
Davenport-Moline-Rock-Island-IA-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
Lets look at Buffalo, Iowa, a city located in Davenport Moline Rock Island, Iowa, Illinios 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 Buffalo, Iowa Refinance, or Buffalo, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Buffalo, Iowa home was worth $103,000.00 in 1999, you could multiply by + 29.37%, add the gain and see the home should be worth $133,246.03 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Davenport-Moline-Rock-Island-IA-IL from 1999 to 2004:
+ 4.89%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 52728 - BUFFALO, IA
MSA Pop: 374973Zip Pop: 849
Avg Value: 70100
County: SCOTT
Elev: 559
Region: Midwest
Lat: 41.457418
Long: -90.726795