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 + 4.55% (+ 1.14% yearly).

All of the property in TX averaged + 20.90% change in value (+ 5.22% yearly).

El-Paso-TX

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 101.16 - 0.91% - 3.64%
1997 3 101.08 - 0.08% - 0.32%
1997 4 102.19 + 1.10% + 4.39%
1998 1 104.6 + 2.36% + 9.43%
1998 2 102.46 - 2.05% - 8.18%
1998 3 102.79 + 0.32% + 1.29%
1998 4 104.48 + 1.64% + 6.58%
1999 1 106.58 + 2.01% + 8.04%
1999 2 105.09 - 1.40% - 5.59%
1999 3 105.98 + 0.85% + 3.39%
1999 4 104.75 - 1.16% - 4.64%
2000 1 104.61 - 0.13% - 0.53%
2000 2 105.92 + 1.25% + 5.01%
2000 3 106.36 + 0.42% + 1.66%
2000 4 106.73 + 0.35% + 1.39%


Lets look at Canutillo, Texas, a city located in El Paso, 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 Canutillo, Texas Refinance, or Canutillo, Texas Reverse Mortgages, you could estimate your home value.

If you knew your Canutillo, Texas home was worth $97,000.00 in 1997, you could multiply by + 4.55%, add the gain and see the home should be worth $101,408.66 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for El-Paso-TX from 1997 to 2000:
+ 1.14%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Casper-WY lost - 34.10% from 1983 thru 1986
  2. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 79835 - CANUTILLO, TX

MSA Pop: 705436
Zip Pop: 10745
Avg Value: 42800
County: EL PASO
Elev: 3695
Region: South
Lat: 31.928903
Long: -106.591809