Real Estate Appreciation for Flagstaff, Arizona, Utah: + 29.35%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Flagstaff, Arizona, Utah MSA appreciation it was + 29.35% (+ 7.34% yearly) from 1994 to 1997.
During the same time period, AZ had + 20.11% (+ 5.03% yearly).
You can see that the Flagstaff, Arizona, Utah MSA experienced higher appreciation in this case.
Flagstaff-AZ-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 92.66 | + 4.95% | + 19.80% |
| 1994 | 3 | 93.79 | + 1.22% | + 4.88% |
| 1994 | 4 | 96.36 | + 2.74% | + 10.96% |
| 1995 | 1 | 100 | + 3.78% | + 15.11% |
| 1995 | 2 | 101.52 | + 1.52% | + 6.08% |
| 1995 | 3 | 103.83 | + 2.28% | + 9.10% |
| 1995 | 4 | 107.78 | + 3.80% | + 15.22% |
| 1996 | 1 | 108.13 | + 0.32% | + 1.30% |
| 1996 | 2 | 108.99 | + 0.80% | + 3.18% |
| 1996 | 3 | 109.05 | + 0.06% | + 0.22% |
| 1996 | 4 | 110.68 | + 1.49% | + 5.98% |
| 1997 | 1 | 112.29 | + 1.45% | + 5.82% |
| 1997 | 2 | 111.32 | - 0.86% | - 3.46% |
| 1997 | 3 | 112.06 | + 0.66% | + 2.66% |
| 1997 | 4 | 114.2 | + 1.91% | + 7.64% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Flagstaff, Arizona click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Flagstaff, Arizona, Utah.
If you were going to do a Flagstaff, Arizona Refinance, or Flagstaff, Arizona Reverse Mortgages, you could estimate your home value.
If you knew your Flagstaff, Arizona home was worth $91,000.00 in 1994, you could multiply by + 29.35%, add the gain and see the home should be worth $117,705.29 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Flagstaff-AZ-UT from 1994 to 1997:
+ 7.34%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 86001 - FLAGSTAFF, AZ
MSA Pop: 121301Zip Pop: 34207
Avg Value: 149100
County: COCONINO
Elev: 6894
Region: West
Lat: 35.13996
Long: -111.63408