Real Estate Appreciation for Lafayette, Lousiana: - 28.50%
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: - 28.50%
- State of LA: - 11.60%
- Difference: +145.72%
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% |
| 1988 | 1 | 70.7 | + 2.61% | + 10.45% |
| 1988 | 2 | 68.54 | - 3.06% | - 12.22% |
| 1988 | 3 | 66.36 | - 3.18% | - 12.72% |
| 1988 | 4 | 66 | - 0.54% | - 2.17% |
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 $74,000.00 in 1986, you could multiply by - 28.50%, add the gain and see the home should be worth $52,908.68 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1986 to 1988:
- 9.50%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 70502 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 0
Avg Value: 0
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.223066
Long: -92.02075