Real Estate Appreciation for Lafayette, Indiana: + 9.93%
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.
- Lafayette, Indiana: + 9.93%
- State of IN: + 14.58%
- Difference: - 31.87%
Lafayette-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 105.03 | - 0.07% | - 0.27% |
| 1996 | 3 | 105.82 | + 0.75% | + 3.01% |
| 1996 | 4 | 106.8 | + 0.93% | + 3.70% |
| 1997 | 1 | 108.16 | + 1.27% | + 5.09% |
| 1997 | 2 | 108.19 | + 0.03% | + 0.11% |
| 1997 | 3 | 110.27 | + 1.92% | + 7.69% |
| 1997 | 4 | 110.6 | + 0.30% | + 1.20% |
| 1998 | 1 | 111.82 | + 1.10% | + 4.41% |
| 1998 | 2 | 112.59 | + 0.69% | + 2.75% |
| 1998 | 3 | 113.76 | + 1.04% | + 4.16% |
| 1998 | 4 | 114.1 | + 0.30% | + 1.20% |
| 1999 | 1 | 115.52 | + 1.24% | + 4.98% |
| 1999 | 2 | 116.1 | + 0.50% | + 2.01% |
| 1999 | 3 | 114.75 | - 1.16% | - 4.65% |
| 1999 | 4 | 115.54 | + 0.69% | + 2.75% |
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If you were going to do a Burrows, Indiana Refinance, or Burrows, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Burrows, Indiana home was worth $95,000.00 in 1996, you could multiply by + 9.93%, add the gain and see the home should be worth $104,436.73 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-IN from 1996 to 1999:
+ 2.48%
Appreciation Comparisons
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
Zip Code in MSA: 46916 - BURROWS, IN
MSA Pop: 184536Zip Pop: 0
Avg Value: 0
County: CARROLL
Elev: 580
Region: Midwest
Lat: 40.67658
Long: -86.50752