Real Estate Appreciation for San Luis Obispo Paso Robles, California: - 6.62%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The San Luis Obispo Paso Robles, California MSA appreciated - 6.62% (- 3.31% yearly) between 1993 and the end of 1994.
The state of CA had - 8.36% total appreciation (- 4.18% yearly).
The San Luis Obispo Paso Robles, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 20.87% faster than the state as a whole.
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 107.61 | - 0.71% | - 2.84% |
| 1993 | 3 | 106.99 | - 0.58% | - 2.30% |
| 1993 | 4 | 106.87 | - 0.11% | - 0.45% |
| 1994 | 1 | 106.6 | - 0.25% | - 1.01% |
| 1994 | 2 | 103.13 | - 3.26% | - 13.02% |
| 1994 | 3 | 101.77 | - 1.32% | - 5.27% |
| 1994 | 4 | 101.21 | - 0.55% | - 2.20% |
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 San Luis Obispo, California 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 San Luis Obispo Paso Robles, California.
If you were going to do a San Luis Obispo, California Refinance, or San Luis Obispo, California Reverse Mortgages, you could estimate your home value.
If you knew your San Luis Obispo, California home was worth $87,000.00 in 1993, you could multiply by - 6.62%, add the gain and see the home should be worth $81,244.42 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 1993 to 1994:
- 3.31%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
Zip Code in MSA: 93401 - SAN LUIS OBISPO, CA
MSA Pop: 253118Zip Pop: 27034
Avg Value: 275800
County: SAN LUIS OBISPO
Elev: 234
Region: West
Lat: 35.260886
Long: -120.653936