Real Estate Appreciation for Grand Junction, Colorado: - 30.65%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Grand Junction, Colorado MSA appreciated - 30.65% (- 7.66% yearly) between 1983 and the end of 1986.
The state of CO had + 1.81% total appreciation (+ 0.45% yearly).
The state average for Colorado was higher than the real estate appreciation in the Grand Junction, Colorado MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated -105.91% faster than this MSA.
Grand-Junction-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1983 | 2 | 87.03 | + 3.72% | + 14.87% |
| 1983 | 3 | 79.91 | - 8.18% | - 32.72% |
| 1983 | 4 | 76.24 | - 4.59% | - 18.37% |
| 1984 | 1 | 74.31 | - 2.53% | - 10.13% |
| 1984 | 2 | 62.4 | - 16.03% | - 64.11% |
| 1984 | 3 | 63.01 | + 0.98% | + 3.91% |
| 1984 | 4 | 63.89 | + 1.40% | + 5.59% |
| 1985 | 1 | 63.04 | - 1.33% | - 5.32% |
| 1985 | 2 | 53.59 | - 14.99% | - 59.96% |
| 1985 | 3 | 58.36 | + 8.90% | + 35.60% |
| 1985 | 4 | 54.8 | - 6.10% | - 24.40% |
| 1986 | 1 | 58.09 | + 6.00% | + 24.01% |
| 1986 | 2 | 57.61 | - 0.83% | - 3.31% |
| 1986 | 3 | 56.24 | - 2.38% | - 9.51% |
| 1986 | 4 | 58.19 | + 3.47% | + 13.87% |
There are a lot of ways to use the appreciation data for Grand Junction, Colorado .
Lets look at Grand Junction, Colorado, a city located in Grand Junction, Colorado 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 Grand Junction, Colorado check out Spec-Loan.com
If you were going to do a Grand Junction, Colorado Refinance, or Grand Junction, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Grand Junction, Colorado home was worth $69,000.00 in 1983, you could multiply by - 30.65%, add the gain and see the home should be worth $47,850.20 in 1986. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Grand-Junction-CO from 1983 to 1986:
- 7.66%
Appreciation Comparisons
The worst 5 MSAs from 1983 to 1986 were Casper-WY, Grand-Junction-CO, Lafayette-LA, Midland-TX, and Houston-Sugar-Land-Baytown-TX .
- Casper-WY decreased by - 34.10% between 1983 and 1986
- Grand-Junction-CO decreased by - 30.65% between 1983 and 1986
- Lafayette-LA decreased by - 26.91% between 1983 and 1986
- Midland-TX decreased by - 23.47% between 1983 and 1986
- Houston-Sugar-Land-Baytown-TX decreased by - 18.04% between 1983 and 1986
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 81502 - GRAND JUNCTION, CO
MSA Pop: 124676Zip Pop: 0
Avg Value: 0
County: MESA
Elev: 4597
Region: West
Lat: 39.076318
Long: -108.631028