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.

Before we disect the appreciation within the MSA for this period, lets consider how New Orleans Metairie Kenner, Lousiana did compared to the state as a whole.

The New Orleans Metairie Kenner, Lousiana MSA property value change was + 67.52% (+ 7.50% yearly).

All of the property in LA averaged + 57.06% change in value (+ 6.34% yearly).

New-Orleans-Metairie-Kenner-LA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation


If you need information on Hard Money Rehab Loans in Metairie, Lousiana look at Spec-Loan.com

If you were going to do a Metairie, Lousiana Refinance, or Metairie, Lousiana Reverse Mortgages, you could estimate your home value.

If you knew your Metairie, Lousiana home was worth $102,000.00 in 1997, you could multiply by + 67.52%, add the gain and see the home should be worth $170,870.24 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1997 to 2005:
+ 7.50%

Appreciation Comparisons

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 70010 - METAIRIE, LA

MSA Pop: 1317541
Zip Pop: 0
Avg Value: 0
County: JEFFERSON
Elev: 5
Region: South
Lat: 30.0103
Long: -90.16251