Real Estate Appreciation for Oxnard Thousand Oaks Ventura, California: + 60.08%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Oxnard Thousand Oaks Ventura, California MSA appreciation it was + 60.08% (+ 15.02% yearly) from 2000 to 2003.
During the same time period, CA had + 57.14% (+ 14.29% yearly).
You can see that the Oxnard Thousand Oaks Ventura, California MSA experienced higher appreciation in this case.
Oxnard-Thousand-Oaks-Ventura-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 135.65 | + 2.11% | + 8.43% |
| 2000 | 3 | 139.69 | + 2.98% | + 11.91% |
| 2000 | 4 | 142.51 | + 2.02% | + 8.08% |
| 2001 | 1 | 145.58 | + 2.15% | + 8.62% |
| 2001 | 2 | 149.36 | + 2.60% | + 10.39% |
| 2001 | 3 | 152.87 | + 2.35% | + 9.40% |
| 2001 | 4 | 155.81 | + 1.92% | + 7.69% |
| 2002 | 1 | 161.01 | + 3.34% | + 13.35% |
| 2002 | 2 | 167.9 | + 4.28% | + 17.12% |
| 2002 | 3 | 174.03 | + 3.65% | + 14.60% |
| 2002 | 4 | 179.77 | + 3.30% | + 13.19% |
| 2003 | 1 | 184.77 | + 2.78% | + 11.13% |
| 2003 | 2 | 189.9 | + 2.78% | + 11.11% |
| 2003 | 3 | 196.74 | + 3.60% | + 14.41% |
| 2003 | 4 | 212.66 | + 8.09% | + 32.37% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Newbury Park, California click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Oxnard Thousand Oaks Ventura, California.
If you were going to do a Newbury Park, California Refinance, or Newbury Park, California Reverse Mortgages, you could estimate your home value.
If you knew your Newbury Park, California home was worth $103,000.00 in 2000, you could multiply by + 60.08%, add the gain and see the home should be worth $164,877.53 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Oxnard-Thousand-Oaks-Ventura-CA from 2000 to 2003:
+ 15.02%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 91320 - NEWBURY PARK, CA
MSA Pop: 791130Zip Pop: 37775
Avg Value: 280900
County: VENTURA
Elev: 116
Region: West
Lat: 34.18536
Long: -118.92648