Real Estate Appreciation for El Paso, Texas: + 6.73%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how El Paso, Texas did compared to the state as a whole.
The El Paso, Texas MSA property value change was + 6.73% (+ 1.12% yearly).
All of the property in TX averaged + 27.76% change in value (+ 4.63% yearly).
El-Paso-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for El Paso, Texas .
Lets look at Fabens, Texas, a city located in El Paso, Texas 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 Fabens, Texas check out Spec-Loan.com
If you were going to do a Fabens, Texas Refinance, or Fabens, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Fabens, Texas home was worth $95,000.00 in 1995, you could multiply by + 6.73%, add the gain and see the home should be worth $101,393.50 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for El-Paso-TX from 1995 to 2000:
+ 1.12%
Appreciation Comparisons
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 79838 - FABENS, TX
MSA Pop: 705436Zip Pop: 8408
Avg Value: 38600
County: EL PASO
Elev: 3695
Region: South
Lat: 31.498337
Long: -106.152454