Real Estate Appreciation for Logan, Utah, Idaho: + 2.82%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Logan, Utah, Idaho MSA appreciated + 2.82% (+ 0.94% yearly) for the period between 2001 and the end of 2003.
The state had + 4.18% total appreciation (+ 1.39% yearly).
The state average for Utah was higher than the real estate appreciation in the Logan, Utah, Idaho MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 48.11% faster than this MSA.
Logan-UT-ID
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 131.99 | - 0.31% | - 1.24% |
| 2001 | 3 | 131.81 | - 0.14% | - 0.55% |
| 2001 | 4 | 132.94 | + 0.86% | + 3.43% |
| 2002 | 1 | 133.4 | + 0.35% | + 1.38% |
| 2002 | 2 | 133.07 | - 0.25% | - 0.99% |
| 2002 | 3 | 134.64 | + 1.18% | + 4.72% |
| 2002 | 4 | 135.88 | + 0.92% | + 3.68% |
| 2003 | 1 | 136.54 | + 0.49% | + 1.94% |
| 2003 | 2 | 137.17 | + 0.46% | + 1.85% |
| 2003 | 3 | 137.15 | - 0.01% | - 0.06% |
| 2003 | 4 | 136.14 | - 0.74% | - 2.95% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Logan-UT-ID here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Utah, you can do some research at Spec-Loan.com.
If you were going to do a Dayton, Utah Refinance, or Dayton, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Dayton, Utah home was worth $104,000.00 in 2001, you could multiply by + 2.82%, add the gain and see the home should be worth $106,937.76 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Logan-UT-ID from 2001 to 2003:
+ 0.94%
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
Zip Code in MSA: 83232 - DAYTON, ID
MSA Pop: 107538Zip Pop: 241
Avg Value: 112500
County: FRANKLIN
Elev: 4718
Region: West
Lat: 42.124849
Long: -112.013634