Real Estate Appreciation for Provo Orem, Utah: + 47.36%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Provo Orem, Utah MSA appreciated + 47.36% (+ 5.92% yearly) for the period between 1999 and the end of 2006.
The state had + 46.58% total appreciation (+ 5.82% yearly).
The Provo Orem, Utah MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 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 Eagle Mountain, 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 Eagle Mountain, Utah Refinance, or Eagle Mountain, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Eagle Mountain, Utah home was worth $105,000.00 in 1999, you could multiply by + 47.36%, add the gain and see the home should be worth $154,726.52 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1999 to 2006:
+ 5.92%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2006 were Kokomo-IN, Lafayette-IN, Anderson-IN, Muncie-IN, and Sioux-City-IA-NE-SD .
- Kokomo-IN only increased + 14.46% between 1999 and 2006
- Lafayette-IN only increased + 14.84% between 1999 and 2006
- Anderson-IN only increased + 19.94% between 1999 and 2006
- Muncie-IN only increased + 20.82% between 1999 and 2006
- Sioux-City-IA-NE-SD only increased + 21.59% between 1999 and 2006
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 84005 - EAGLE MOUNTAIN, UT
MSA Pop: 406851Zip Pop: 0
Avg Value: 0
County: UTAH
Elev: 4512
Region: West
Lat: 40.3802
Long: -111.991