Real Estate Appreciation for Decatur, Alabama: + 22.46%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Decatur, Alabama MSA appreciated + 22.46% (+ 3.21% yearly) between 1993 and the end of 1999.
The state of AL had + 28.95% total appreciation (+ 4.14% yearly).
The state average for Alabama was higher than the real estate appreciation in the Decatur, Alabama MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 28.89% faster than this MSA.
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Decatur, Alabama .
Lets look at Danville, Alabama, a city located in Decatur, Alabama 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 Danville, Alabama check out Spec-Loan.com
If you were going to do a Danville, Alabama Refinance, or Danville, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Danville, Alabama home was worth $92,000.00 in 1993, you could multiply by + 22.46%, add the gain and see the home should be worth $112,666.20 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 1999:
+ 3.21%
Appreciation Comparisons
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
The top 5 performing MSAs from 1993 to 1999 were Salt-Lake-City-UT, Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Provo-Orem-UT .
- Salt-Lake-City-UT increased + 70.99% from 1993 to the end of 1999
- Boulder-CO increased + 70.58% from 1993 to the end of 1999
- Denver-Aurora-CO increased + 70.44% from 1993 to the end of 1999
- Fort-Collins-Loveland-CO increased + 68.71% from 1993 to the end of 1999
- Provo-Orem-UT increased + 67.42% from 1993 to the end of 1999
Zip Code in MSA: 35619 - DANVILLE, AL
MSA Pop: 147204Zip Pop: 5095
Avg Value: 75100
County: MORGAN
Elev: 573
Region: South
Lat: 34.419662
Long: -87.159797