Real Estate Appreciation for Lafayette, Lousiana: - 25.00%
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 - 25.00% (- 2.78% yearly) between 1983 and the end of 1991.
The state of LA had - 7.10% total appreciation (- 0.79% 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 - 71.62% faster than this MSA.
Lafayette-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1988-1991 Quarterly Detailed Appreciation
1985-1988 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Lafayette, Lousiana .
Lets look at Lafayette, Lousiana, a city located in Lafayette, Lousiana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Lafayette, Lousiana 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 $74,000.00 in 1983, you could multiply by - 25.00%, add the gain and see the home should be worth $55,501.62 in 1991. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1983 to 1991:
- 2.78%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
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