Real Estate Appreciation for Punta Gorda, Florida: + 37.60%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Punta Gorda, Florida MSA appreciated + 37.60% (+ 18.80% yearly) between 2003 and the end of 2004.
The state of FL had + 31.13% total appreciation (+ 15.56% yearly).
The Punta Gorda, Florida MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 20.80% faster than the state as a whole.
Punta-Gorda-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 164 | + 3.44% | + 13.78% |
| 2003 | 3 | 168.18 | + 2.55% | + 10.20% |
| 2003 | 4 | 177.01 | + 5.25% | + 21.00% |
| 2004 | 1 | 185.06 | + 4.55% | + 18.19% |
| 2004 | 2 | 192.3 | + 3.91% | + 15.65% |
| 2004 | 3 | 207.27 | + 7.78% | + 31.14% |
| 2004 | 4 | 218.15 | + 5.25% | + 21.00% |
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 El Jobean, Florida 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 Punta Gorda, Florida.
If you were going to do a El Jobean, Florida Refinance, or El Jobean, Florida Reverse Mortgages, you could estimate your home value.
If you knew your El Jobean, Florida home was worth $107,000.00 in 2003, you could multiply by + 37.60%, add the gain and see the home should be worth $147,231.30 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 2003 to 2004:
+ 18.80%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 33927 - EL JOBEAN, FL
MSA Pop: 153392Zip Pop: 0
Avg Value: 0
County: CHARLOTTE
Elev: 0
Region: South
Lat: 26.97804
Long: -82.198993