Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Provo Orem, Utah MSA appreciation it was + 44.17% (+ 8.83% yearly) from 1994 to 1998.

During the same time period, UT had + 45.66% (+ 9.13% yearly). From 1994 to 1998, Utah outperformed the individual Provo Orem, Utah MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Provo-Orem-UT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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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 American Fork, 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 American Fork, Utah Refinance, or American Fork, Utah Reverse Mortgages, you could estimate your home value.

If you knew your American Fork, Utah home was worth $92,000.00 in 1994, you could multiply by + 44.17%, add the gain and see the home should be worth $132,635.49 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1994 to 1998:
+ 8.83%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 1998 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Binghamton-NY .

  1. Honolulu-HI decreased by - 14.77% between 1994 and 1998
  2. Utica-Rome-NY decreased by - 6.47% between 1994 and 1998
  3. Glens-Falls-NY decreased by - 4.86% between 1994 and 1998
  4. Albany-Schenectady-Troy-NY decreased by - 3.61% between 1994 and 1998
  5. Binghamton-NY decreased by - 3.36% between 1994 and 1998

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 84003 - AMERICAN FORK, UT

MSA Pop: 406851
Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526