Real Estate Appreciation for Grand Junction, Colorado: - 26.25%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Grand Junction, Colorado MSA appreciation it was - 26.25% (- 13.13% yearly) from 1984 to 1985.
During the same time period, CO had - 1.66% (- 0.83% yearly).
From 1984 to 1985, Colorado outperformed the individual Grand Junction, Colorado MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Grand-Junction-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 1984, you could multiply by - 26.25%, add the gain and see the home should be worth $50,884.13 in 1985. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Grand-Junction-CO from 1984 to 1985:
- 13.13%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 81501 - GRAND JUNCTION, CO
MSA Pop: 124676Zip Pop: 20743
Avg Value: 90900
County: MESA
Elev: 4597
Region: West
Lat: 39.08035
Long: -108.5423