Real Estate Appreciation for McAllen Edinburg Mission, Texas: + 36.85%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze McAllen Edinburg Mission, Texas MSA appreciation it was + 36.85% (+ 3.07% yearly) from 1994 to 2005.
During the same time period, TX had + 57.27% (+ 4.77% yearly).
From 1994 to 2005, Texas outperformed the individual McAllen Edinburg Mission, Texas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
McAllen-Edinburg-Mission-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for McAllen Edinburg Mission, Texas .
Lets look at Mcallen, Texas, a city located in McAllen Edinburg Mission, Texas 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 Mcallen, Texas check out Spec-Loan.com
If you were going to do a Mcallen, Texas Refinance, or Mcallen, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Mcallen, Texas home was worth $99,000.00 in 1994, you could multiply by + 36.85%, add the gain and see the home should be worth $135,479.96 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for McAllen-Edinburg-Mission-TX from 1994 to 2005:
+ 3.07%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, and Merced-CA .
- Salinas-CA increased +253.01% from 1994 to the end of 2005
- San-Diego-Carlsbad-San-Marcos-CA increased +208.52% from 1994 to the end of 2005
- Barnstable-Town-MA increased +205.79% from 1994 to the end of 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +203.84% from 1994 to the end of 2005
- Merced-CA increased +203.54% from 1994 to the end of 2005
Zip Code in MSA: 78505 - MCALLEN, TX
MSA Pop: 635540Zip Pop: 0
Avg Value: 0
County: HIDALGO
Elev: 96
Region: South
Lat: 26.1996
Long: -98.23248