Real Estate Appreciation for Lafayette, Lousiana: - 25.36%
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, Lousiana: - 25.36%
- State of LA: - 7.93%
- Difference: +219.93%
Lafayette-LA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1986 | 2 | 92.74 | + 0.47% | + 1.86% |
| 1986 | 3 | 88.62 | - 4.44% | - 17.77% |
| 1986 | 4 | 83.36 | - 5.94% | - 23.74% |
| 1987 | 1 | 81.96 | - 1.68% | - 6.72% |
| 1987 | 2 | 81.7 | - 0.32% | - 1.27% |
| 1987 | 3 | 74.38 | - 8.96% | - 35.84% |
| 1987 | 4 | 68.9 | - 7.37% | - 29.47% |
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 $73,000.00 in 1986, you could multiply by - 25.36%, add the gain and see the home should be worth $54,487.05 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1986 to 1987:
- 12.68%
Appreciation Comparisons
The top 5 performing MSAs from 1986 to 1987 were Hartford-West-Hartford-East-Hartford-CT, New-Haven-Milford-CT, Providence-New-Bedford-Fall-River-RI-MA, Trenton-Ewing-NJ, and Springfield-MA .
- Hartford-West-Hartford-East-Hartford-CT increased + 53.16% from 1986 to the end of 1987
- New-Haven-Milford-CT increased + 50.07% from 1986 to the end of 1987
- Providence-New-Bedford-Fall-River-RI-MA increased + 48.51% from 1986 to the end of 1987
- Trenton-Ewing-NJ increased + 47.73% from 1986 to the end of 1987
- Springfield-MA increased + 45.83% from 1986 to the end of 1987
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 70501 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 30604
Avg Value: 56400
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.234018
Long: -92.004781