Real Estate Appreciation for Santa Cruz Watsonville, California: + 68.73%
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.
- Santa Cruz Watsonville, California: + 68.73%
- State of CA: + 45.37%
- Difference: + 51.48%
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 118.35 | + 4.00% | + 15.99% |
| 1998 | 3 | 121.96 | + 3.05% | + 12.20% |
| 1998 | 4 | 124.72 | + 2.26% | + 9.05% |
| 1999 | 1 | 126.75 | + 1.63% | + 6.51% |
| 1999 | 2 | 130.85 | + 3.23% | + 12.94% |
| 1999 | 3 | 138.79 | + 6.07% | + 24.27% |
| 1999 | 4 | 145.88 | + 5.11% | + 20.43% |
| 2000 | 1 | 152.75 | + 4.71% | + 18.84% |
| 2000 | 2 | 163.55 | + 7.07% | + 28.28% |
| 2000 | 3 | 172.76 | + 5.63% | + 22.53% |
| 2000 | 4 | 179.9 | + 4.13% | + 16.53% |
| 2001 | 1 | 186.71 | + 3.79% | + 15.14% |
| 2001 | 2 | 192.51 | + 3.11% | + 12.43% |
| 2001 | 3 | 193.32 | + 0.42% | + 1.68% |
| 2001 | 4 | 192.02 | - 0.67% | - 2.69% |
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 Aptos, 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 Santa Cruz Watsonville, California.
If you were going to do a Aptos, California Refinance, or Aptos, California Reverse Mortgages, you could estimate your home value.
If you knew your Aptos, California home was worth $99,000.00 in 1998, you could multiply by + 68.73%, add the gain and see the home should be worth $167,047.28 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1998 to 2001:
+ 17.18%
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: 95003 - APTOS, CA
MSA Pop: 251584Zip Pop: 24225
Avg Value: 414600
County: SANTA CRUZ
Elev: 17
Region: West
Lat: 36.99264
Long: -121.87674