Real Estate Appreciation for New Orleans Metairie Kenner, Lousiana: + 71.03%
Appreciation for MSAs:.
New Orleans Property Rehab
New Orleans is a great place for Real Estate Investors with all of the Rehab Properties available. Rehab properties present a great opportunity to buy real estate at a discount, complete some improvements and turn a nice profit. The key to successful Rehab in New Orleans is the right financing. There are a lot of Hard Money Rehab options available for New Orleans, and with the right appreciation it may even be worth holding as a long term investment. Most Hard Money Rehab lenders will allow you to finance 100% of Acquisition, Repairs, Closing Costs and sometimes interest payments. Although Hard Money Rehab Loans can be expensive they are a great way to take advantage of opportunities like the ones available in New Orleans.
Let's start by comparing New Orleans Metairie Kenner, Lousiana to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 71.03% (+ 6.46% yearly) for the New Orleans Metairie Kenner, Lousiana MSA.
The entire state of LA had + 65.54% appreciation (+ 5.96% yearly).
The New Orleans Metairie Kenner, Lousiana MSA beat out the state. by + 8.37% appreciation.
New-Orleans-Metairie-Kenner-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans check out Spec-Loan.com
If you were going to do a Des Allemands, Lousiana Refinance, or Des Allemands, Lousiana Reverse Mortgages, you could estimate your home value.
If you knew your Des Allemands, Lousiana home was worth $94,000.00 in 1992, you could multiply by + 71.03%, add the gain and see the home should be worth $160,766.86 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1992 to 2002:
+ 6.46%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2002 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Barnstable-Town-MA .
- Boulder-CO increased +149.08% from 1992 to the end of 2002
- Denver-Aurora-CO increased +134.30% from 1992 to the end of 2002
- Fort-Collins-Loveland-CO increased +128.61% from 1992 to the end of 2002
- Greeley-CO increased +124.75% from 1992 to the end of 2002
- Barnstable-Town-MA increased +111.34% from 1992 to the end of 2002
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
Zip Code in MSA: 70030 - DES ALLEMANDS, LA
MSA Pop: 1317541Zip Pop: 4173
Avg Value: 73800
County: SAINT CHARLES
Elev: 14
Region: South
Lat: 29.824613
Long: -90.46198