Real Estate Appreciation for Lafayette, Lousiana: + 28.65%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Lafayette, Lousiana MSA appreciation it was + 28.65% (+ 7.16% yearly) from 1990 to 1993.
During the same time period, LA had + 17.55% (+ 4.39% yearly).
You can see that the Lafayette, Lousiana MSA experienced higher appreciation in this case.
Lafayette-LA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1990 | 2 | 78.6 | + 7.14% | + 28.57% |
| 1990 | 3 | 80.38 | + 2.26% | + 9.06% |
| 1990 | 4 | 81.29 | + 1.13% | + 4.53% |
| 1991 | 1 | 82.08 | + 0.97% | + 3.89% |
| 1991 | 2 | 82.48 | + 0.49% | + 1.95% |
| 1991 | 3 | 85.23 | + 3.33% | + 13.34% |
| 1991 | 4 | 85.54 | + 0.36% | + 1.45% |
| 1992 | 1 | 85.94 | + 0.47% | + 1.87% |
| 1992 | 2 | 87.63 | + 1.97% | + 7.87% |
| 1992 | 3 | 88.55 | + 1.05% | + 4.20% |
| 1992 | 4 | 89.82 | + 1.43% | + 5.74% |
| 1993 | 1 | 89.31 | - 0.57% | - 2.27% |
| 1993 | 2 | 90.64 | + 1.49% | + 5.96% |
| 1993 | 3 | 92.73 | + 2.31% | + 9.22% |
| 1993 | 4 | 94.38 | + 1.78% | + 7.12% |
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 $83,000.00 in 1990, you could multiply by + 28.65%, add the gain and see the home should be worth $106,782.17 in 1993. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lafayette-LA from 1990 to 1993:
+ 7.16%
Appreciation Comparisons
The top 5 performing MSAs from 1990 to 1993 were Corvallis-OR, Fairbanks-AK, Missoula-MT, Wenatchee-WA, and Yakima-WA .
- Corvallis-OR increased + 54.44% from 1990 to the end of 1993
- Fairbanks-AK increased + 52.29% from 1990 to the end of 1993
- Missoula-MT increased + 50.27% from 1990 to the end of 1993
- Wenatchee-WA increased + 48.00% from 1990 to the end of 1993
- Yakima-WA increased + 43.03% from 1990 to the end of 1993
In contrast, the worst 5 MSAs from 1990 to 1993 were Manchester-Nashua-NH, Oxnard-Thousand-Oaks-Ventura-CA, Hartford-West-Hartford-East-Hartford-CT, San-Luis-Obispo-Paso-Robles-CA, and New-Haven-Milford-CT .
- Manchester-Nashua-NH decreased by - 17.17% between 1990 and 1993
- Oxnard-Thousand-Oaks-Ventura-CA decreased by - 15.74% between 1990 and 1993
- Hartford-West-Hartford-East-Hartford-CT decreased by - 12.30% between 1990 and 1993
- San-Luis-Obispo-Paso-Robles-CA decreased by - 11.79% between 1990 and 1993
- New-Haven-Milford-CT decreased by - 11.70% between 1990 and 1993
Zip Code in MSA: 70503 - LAFAYETTE, LA
MSA Pop: 244150Zip Pop: 24327
Avg Value: 134900
County: LAFAYETTE
Elev: 40
Region: South
Lat: 30.187149
Long: -92.04637