Real Estate Appreciation for Fort Wayne, Indiana: + 8.27%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Fort Wayne, Indiana MSA appreciated + 8.27% (+ 2.07% yearly) between 2003 and the end of 2006.
The state of IN had + 12.40% total appreciation (+ 3.10% yearly).
The state average for Indiana was higher than the real estate appreciation in the Fort Wayne, Indiana MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 49.83% faster than this MSA.
Fort-Wayne-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 131.05 | + 0.58% | + 2.33% |
| 2003 | 3 | 131.39 | + 0.26% | + 1.04% |
| 2003 | 4 | 131.19 | - 0.15% | - 0.61% |
| 2004 | 1 | 132.1 | + 0.69% | + 2.77% |
| 2004 | 2 | 132.95 | + 0.64% | + 2.57% |
| 2004 | 3 | 133.97 | + 0.77% | + 3.07% |
| 2004 | 4 | 135.77 | + 1.34% | + 5.37% |
| 2005 | 1 | 135.37 | - 0.29% | - 1.18% |
| 2005 | 2 | 137.09 | + 1.27% | + 5.08% |
| 2005 | 3 | 138.26 | + 0.85% | + 3.41% |
| 2005 | 4 | 139.84 | + 1.14% | + 4.57% |
| 2006 | 1 | 139.37 | - 0.34% | - 1.34% |
| 2006 | 2 | 138.79 | - 0.42% | - 1.66% |
| 2006 | 3 | 138.54 | - 0.18% | - 0.72% |
| 2006 | 4 | 141.07 | + 1.83% | + 7.30% |
There are a lot of ways to use the appreciation data for Fort Wayne, Indiana .
Lets look at Bluffton, Indiana, a city located in Fort Wayne, Indiana 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 Bluffton, Indiana check out Spec-Loan.com
If you were going to do a Bluffton, Indiana Refinance, or Bluffton, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Bluffton, Indiana home was worth $109,000.00 in 2003, you could multiply by + 8.27%, add the gain and see the home should be worth $118,018.50 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Fort-Wayne-IN from 2003 to 2006:
+ 2.07%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 2006
Zip Code in MSA: 46714 - BLUFFTON, IN
MSA Pop: 399716Zip Pop: 14310
Avg Value: 83700
County: WELLS
Elev: 829
Region: Midwest
Lat: 40.71876
Long: -85.19484