Real Estate Appreciation for Provo Orem, Utah: + 77.18%
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 + 77.18% (+ 6.43% yearly) from 1994 to 2005.
During the same time period, UT had + 90.08% (+ 7.51% yearly).
From 1994 to 2005, 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 OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Provo Orem, Utah .
Lets look at Cedar Valley, Utah, a city located in Provo Orem, Utah MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Cedar Valley, Utah check out Spec-Loan.com
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 $99,000.00 in 1994, you could multiply by + 77.18%, add the gain and see the home should be worth $175,411.27 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1994 to 2005:
+ 6.43%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2005 were Rochester-NY, Elmira-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, and McAllen-Edinburg-Mission-TX .
- Rochester-NY only increased + 29.90% between 1994 and 2005
- Elmira-NY only increased + 31.63% between 1994 and 2005
- Buffalo-Niagara-Falls-NY only increased + 33.47% between 1994 and 2005
- Springfield-IL only increased + 33.93% between 1994 and 2005
- McAllen-Edinburg-Mission-TX only increased + 36.85% between 1994 and 2005
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
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