Real Estate Appreciation for Salt Lake City, Utah: + 9.31%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Salt Lake City, Utah: + 9.31%
- State of UT: + 8.99%
- Difference: + 3.57%
Salt-Lake-City-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 127.4 | + 0.96% | + 3.84% |
| 1998 | 3 | 128.33 | + 0.73% | + 2.92% |
| 1998 | 4 | 129.56 | + 0.96% | + 3.83% |
| 1999 | 1 | 130.14 | + 0.45% | + 1.79% |
| 1999 | 2 | 129.81 | - 0.25% | - 1.01% |
| 1999 | 3 | 128.43 | - 1.06% | - 4.25% |
| 1999 | 4 | 129.03 | + 0.47% | + 1.87% |
| 2000 | 1 | 129.68 | + 0.50% | + 2.02% |
| 2000 | 2 | 129.56 | - 0.09% | - 0.37% |
| 2000 | 3 | 130.96 | + 1.08% | + 4.32% |
| 2000 | 4 | 132.86 | + 1.45% | + 5.80% |
| 2001 | 1 | 136 | + 2.36% | + 9.45% |
| 2001 | 2 | 136.13 | + 0.10% | + 0.38% |
| 2001 | 3 | 136.63 | + 0.37% | + 1.47% |
| 2001 | 4 | 137.94 | + 0.96% | + 3.84% |
If you need information on Hard Money Rehab Loans in Bingham Canyon, Utah look at Spec-Loan.com
If you were going to do a Bingham Canyon, Utah Refinance, or Bingham Canyon, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Bingham Canyon, Utah home was worth $99,000.00 in 1998, you could multiply by + 9.31%, add the gain and see the home should be worth $108,218.24 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1998 to 2001:
+ 2.33%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 84006 - BINGHAM CANYON, UT
MSA Pop: 1005232Zip Pop: 726
Avg Value: 116200
County: SALT LAKE
Elev: 4260
Region: West
Lat: 40.533333
Long: -112.15