Real Estate Appreciation for Provo Orem, Utah: + 89.19%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Provo Orem, Utah MSA appreciated + 89.19% (+ 7.43% yearly) between 1993 and the end of 2004.
The state of UT had + 92.91% total appreciation (+ 7.74% yearly).
The state average for Utah was higher than the real estate appreciation in the Provo Orem, Utah MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 4.17% faster than this MSA.
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
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 Cedar Valley, Utah 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 Provo Orem, Utah.
If you were going to do a Cedar Valley, Utah Refinance, or Cedar Valley, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Cedar Valley, Utah home was worth $97,000.00 in 1993, you could multiply by + 89.19%, add the gain and see the home should be worth $183,512.48 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1993 to 2004:
+ 7.43%
Appreciation Comparisons
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
The top 5 performing MSAs from 1993 to 2004 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and Ocean-City-NJ .
- Barnstable-Town-MA increased +183.32% from 1993 to the end of 2004
- Salinas-CA increased +182.48% from 1993 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +170.10% from 1993 to the end of 2004
- Napa-CA increased +156.08% from 1993 to the end of 2004
- Ocean-City-NJ increased +153.55% from 1993 to the end of 2004
Zip Code in MSA: 84013 - CEDAR VALLEY, UT
MSA Pop: 406851Zip Pop: 901
Avg Value: 163600
County: UTAH
Elev: 4512
Region: West
Lat: 40.24758
Long: -112.06206