Real Estate Appreciation for Lafayette, Lousiana: - 26.59%
Appreciation for MSAs:.
Let's start by comparing Lafayette, Lousiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of - 26.59% (- 2.95% yearly) for the Lafayette, Lousiana MSA.
The entire state of LA had - 8.52% appreciation (- 0.95% yearly).
The state average for Lousiana was higher than the real estate appreciation in the Lafayette, Lousiana MSA. This means the conditions in the MSA for real estate investment were worse by - 67.94%.
Lafayette-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1987-1990 Quarterly Detailed Appreciation
1984-1987 Quarterly Detailed Appreciation
Lets look at Lafayette, Lousiana, a city located in Lafayette, Lousiana MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Lafayette, Lousiana Refinance, or Lafayette, Lousiana Reverse Mortgages, you could estimate your home value.
If you knew your Lafayette, Lousiana home was worth $72,000.00 in 1982, you could multiply by - 26.59%, add the gain and see the home should be worth $52,857.22 in 1990. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1982 to 1990:
- 2.95%
Appreciation Comparisons
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
The top 5 performing MSAs from 1982 to 1990 were Providence-New-Bedford-Fall-River-RI-MA, Worcester-MA, Albany-Schenectady-Troy-NY, Honolulu-HI, and San-Luis-Obispo-Paso-Robles-CA .
- Providence-New-Bedford-Fall-River-RI-MA increased +167.13% from 1982 to the end of 1990
- Worcester-MA increased +146.58% from 1982 to the end of 1990
- Albany-Schenectady-Troy-NY increased +139.48% from 1982 to the end of 1990
- Honolulu-HI increased +129.46% from 1982 to the end of 1990
- San-Luis-Obispo-Paso-Robles-CA increased +119.98% from 1982 to the end of 1990
Zip Code in MSA: 70508 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 27193
Avg Value: 129800
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.159112
Long: -92.027163