Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Lafayette, Lousiana MSA appreciated - 42.13% (- 7.02% yearly) between 1983 and the end of 1988.

The state of LA had - 13.79% total appreciation (- 2.30% 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 than the state as a whole. The state appreaciated - 67.28% faster than this MSA.

Lafayette-LA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1985-1988 Quarterly Detailed Appreciation


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 Lafayette, Lousiana 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, Lousiana.

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 $71,000.00 in 1983, you could multiply by - 42.13%, add the gain and see the home should be worth $41,087.24 in 1988. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Lafayette-LA from 1983 to 1988:
- 7.02%

Appreciation Comparisons

The top 5 performing MSAs from 1983 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, New-Haven-Milford-CT, Worcester-MA, and Poughkeepsie-Newburgh-Middletown-NY .

  1. Providence-New-Bedford-Fall-River-RI-MA increased +149.30% from 1983 to the end of 1988
  2. Springfield-MA increased +142.96% from 1983 to the end of 1988
  3. New-Haven-Milford-CT increased +138.44% from 1983 to the end of 1988
  4. Worcester-MA increased +136.48% from 1983 to the end of 1988
  5. Poughkeepsie-Newburgh-Middletown-NY increased +132.57% from 1983 to the end of 1988

In contrast, the worst 5 MSAs from 1983 to 1988 were Lafayette-LA, Casper-WY, Midland-TX, Grand-Junction-CO, and Oklahoma-City-OK .

  1. Lafayette-LA decreased by - 42.13% between 1983 and 1988
  2. Casper-WY decreased by - 37.50% between 1983 and 1988
  3. Midland-TX decreased by - 29.43% between 1983 and 1988
  4. Grand-Junction-CO decreased by - 26.42% between 1983 and 1988
  5. Oklahoma-City-OK decreased by - 23.01% between 1983 and 1988

Zip Code in MSA: 70505 - LAFAYETTE, LA

MSA Pop: 244150
Zip Pop: 0
Avg Value: 0
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.229866
Long: -92.042766