Real Estate Appreciation for Provo Orem, Utah: + 57.25%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Provo Orem, Utah did compared to the state as a whole.
The Provo Orem, Utah MSA property value change was + 57.25% (+ 5.20% yearly).
All of the property in UT averaged + 67.74% change in value (+ 6.16% yearly).
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
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $100,000.00 in 1995, you could multiply by + 57.25%, add the gain and see the home should be worth $157,250.00 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1995 to 2005:
+ 5.20%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 2005 were Springfield-IL, Lafayette-IN, Fayetteville-NC, Columbus-IN, and Florence-Muscle-Shoals-AL .
- Springfield-IL only increased + 29.78% between 1995 and 2005
- Lafayette-IN only increased + 32.24% between 1995 and 2005
- Fayetteville-NC only increased + 34.66% between 1995 and 2005
- Columbus-IN only increased + 34.69% between 1995 and 2005
- Florence-Muscle-Shoals-AL only increased + 35.09% between 1995 and 2005
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
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