Real Estate Appreciation for Punta Gorda, Florida: + 23.52%
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 Punta Gorda, Florida MSA appreciated + 23.52% (+ 7.84% yearly) for the period between 1999 and the end of 2001.
The state had + 23.07% total appreciation (+ 7.69% yearly).
The Punta Gorda, Florida 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.
Punta-Gorda-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 112.34 | + 0.42% | + 1.68% |
| 1999 | 3 | 113.33 | + 0.88% | + 3.53% |
| 1999 | 4 | 113.36 | + 0.03% | + 0.11% |
| 2000 | 1 | 117.67 | + 3.80% | + 15.21% |
| 2000 | 2 | 118.2 | + 0.45% | + 1.80% |
| 2000 | 3 | 122.03 | + 3.24% | + 12.96% |
| 2000 | 4 | 125.79 | + 3.08% | + 12.32% |
| 2001 | 1 | 128.73 | + 2.34% | + 9.35% |
| 2001 | 2 | 131.28 | + 1.98% | + 7.92% |
| 2001 | 3 | 135.4 | + 3.14% | + 12.55% |
| 2001 | 4 | 138.18 | + 2.05% | + 8.21% |
Some of the ways peope use our appreciation data for Punta Gorda, Florida include real estate investment .
Lets look at Murdock, Florida, a city located in Punta Gorda, Florida MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Florida check out Spec-Loan.com
If you were going to do a Murdock, Florida Refinance, or Murdock, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Murdock, Florida home was worth $100,000.00 in 1999, you could multiply by + 23.52%, add the gain and see the home should be worth $123,518.37 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 1999 to 2001:
+ 7.84%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 33938 - MURDOCK, FL
MSA Pop: 153392Zip Pop: 0
Avg Value: 0
County: CHARLOTTE
Elev: 0
Region: South
Lat: 27.010943
Long: -82.160403