Real Estate Appreciation for Merced, California: +203.54%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Merced, California MSA appreciation it was +203.54% (+ 16.96% yearly) from 1994 to 2005.
During the same time period, CA had +192.43% (+ 16.04% yearly).
You can see that the Merced, California MSA experienced higher appreciation in this case.
Merced-CA
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
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 Merced-CA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in California, you can do some research at Spec-Loan.com.
If you were going to do a El Nido, California Refinance, or El Nido, California Reverse Mortgages, you could estimate your home value.
If you knew your El Nido, California home was worth $99,000.00 in 1994, you could multiply by +203.54%, add the gain and see the home should be worth $300,506.53 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Merced-CA from 1994 to 2005:
+ 16.96%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
Zip Code in MSA: 95317 - EL NIDO, CA
MSA Pop: 231574Zip Pop: 795
Avg Value: 115900
County: MERCED
Elev: 167
Region: West
Lat: 37.12768
Long: -120.478388