Real Estate Appreciation for El Paso, Texas: + 7.92%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- El Paso, Texas: + 7.92%
- State of TX: + 22.74%
- Difference: - 65.18%
El-Paso-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 109.63 | + 2.72% | + 10.87% |
| 2001 | 2 | 110.06 | + 0.39% | + 1.57% |
| 2001 | 3 | 111.03 | + 0.88% | + 3.53% |
| 2001 | 4 | 112.88 | + 1.67% | + 6.66% |
There are a lot of ways to use the appreciation data for El Paso, Texas .
Lets look at Canutillo, 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 Canutillo, Texas 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 $99,000.00 in 1998, you could multiply by + 7.92%, add the gain and see the home should be worth $106,836.71 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for El-Paso-TX from 1998 to 2001:
+ 1.98%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
Zip Code in MSA: 79835 - CANUTILLO, TX
MSA Pop: 705436Zip Pop: 10745
Avg Value: 42800
County: EL PASO
Elev: 3695
Region: South
Lat: 31.928903
Long: -106.591809