Real Estate Appreciation for Salt Lake City, Utah: +106.61%
Appreciation for MSAs:.
Let's start by comparing Salt Lake City, Utah to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +106.61% (+ 8.88% yearly) for the Salt Lake City, Utah MSA.
The entire state of UT had + 98.39% appreciation (+ 8.20% yearly).
The Salt Lake City, Utah MSA beat out the state. by + 8.36% appreciation.
Salt-Lake-City-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 Dugway, 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 Salt Lake City, Utah.
If you were going to do a Dugway, Utah Refinance, or Dugway, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Dugway, Utah home was worth $95,000.00 in 1992, you could multiply by +106.61%, add the gain and see the home should be worth $196,283.72 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1992 to 2003:
+ 8.88%
Appreciation Comparisons
The worst 5 MSAs from 1992 to 2003 were Binghamton-NY, Honolulu-HI, Utica-Rome-NY, Syracuse-NY, and Rochester-NY .
- Binghamton-NY only increased + 11.17% between 1992 and 2003
- Honolulu-HI only increased + 15.65% between 1992 and 2003
- Utica-Rome-NY only increased + 20.57% between 1992 and 2003
- Syracuse-NY only increased + 20.68% between 1992 and 2003
- Rochester-NY only increased + 21.10% between 1992 and 2003
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
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: 84022 - DUGWAY, UT
MSA Pop: 1005232Zip Pop: 2187
Avg Value: 162500
County: TOOELE
Elev: 4885
Region: West
Lat: 40.28814
Long: -112.81746