Real Estate Appreciation for Sarasota Bradenton Venice, Florida: + 11.87%
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.
- Sarasota Bradenton Venice, Florida: + 11.87%
- State of FL: + 9.27%
- Difference: + 28.06%
Sarasota-Bradenton-Venice-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 105.24 | - 0.50% | - 2.00% |
| 1996 | 3 | 106.22 | + 0.93% | + 3.72% |
| 1996 | 4 | 107.49 | + 1.20% | + 4.78% |
| 1997 | 1 | 108.23 | + 0.69% | + 2.75% |
| 1997 | 2 | 108.32 | + 0.08% | + 0.33% |
| 1997 | 3 | 109.88 | + 1.44% | + 5.76% |
| 1997 | 4 | 112.9 | + 2.75% | + 10.99% |
| 1998 | 1 | 113.86 | + 0.85% | + 3.40% |
| 1998 | 2 | 113.74 | - 0.11% | - 0.42% |
| 1998 | 3 | 115.65 | + 1.68% | + 6.72% |
| 1998 | 4 | 118.33 | + 2.32% | + 9.27% |
There are a lot of ways to use the appreciation data for Sarasota Bradenton Venice, Florida .
Lets look at Bradenton, Florida, a city located in Sarasota Bradenton Venice, Florida MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bradenton, Florida check out Spec-Loan.com
If you were going to do a Bradenton, Florida Refinance, or Bradenton, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Bradenton, Florida home was worth $94,000.00 in 1996, you could multiply by + 11.87%, add the gain and see the home should be worth $105,162.33 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Sarasota-Bradenton-Venice-FL from 1996 to 1998:
+ 3.96%
Appreciation Comparisons
The worst 5 MSAs from 1996 to 1998 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and El-Paso-TX .
- Honolulu-HI decreased by - 11.67% between 1996 and 1998
- Buffalo-Niagara-Falls-NY decreased by - 0.04% between 1996 and 1998
- Albany-Schenectady-Troy-NY only increased + 0.13% between 1996 and 1998
- Utica-Rome-NY only increased + 0.29% between 1996 and 1998
- El-Paso-TX only increased + 0.32% between 1996 and 1998
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 34201 - BRADENTON, FL
MSA Pop: 633597Zip Pop: 1877
Avg Value: 286500
County: MANATEE
Elev: 19
Region: South
Lat: 27.390254
Long: -82.481246