Real Estate Appreciation for Lafayette, Indiana: + 10.56%
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: + 10.56%
- State of IN: + 14.71%
- Difference: - 28.22%
Lafayette-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2000 | 1 | 117.14 | + 1.38% | + 5.54% |
| 2000 | 2 | 116.93 | - 0.18% | - 0.72% |
| 2000 | 3 | 118.6 | + 1.43% | + 5.71% |
| 2000 | 4 | 119.21 | + 0.51% | + 2.06% |
| 2001 | 1 | 121.05 | + 1.54% | + 6.17% |
| 2001 | 2 | 122.18 | + 0.93% | + 3.73% |
| 2001 | 3 | 122.88 | + 0.57% | + 2.29% |
| 2001 | 4 | 123.63 | + 0.61% | + 2.44% |
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 Burrows, Indiana 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 Lafayette, Indiana.
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 $99,000.00 in 1998, you could multiply by + 10.56%, add the gain and see the home should be worth $109,456.00 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-IN from 1998 to 2001:
+ 2.64%
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
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: 46916 - BURROWS, IN
MSA Pop: 184536Zip Pop: 0
Avg Value: 0
County: CARROLL
Elev: 580
Region: Midwest
Lat: 40.67658
Long: -86.50752