Real Estate Appreciation for Sarasota Bradenton Venice, Florida: + 9.33%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Sarasota Bradenton Venice, Florida did compared to the state as a whole.
The Sarasota Bradenton Venice, Florida MSA property value change was + 9.33% (+ 4.67% yearly).
All of the property in FL averaged + 7.94% change in value (+ 3.97% yearly).
Sarasota-Bradenton-Venice-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Lets look at Bradenton, Florida, a city located in Sarasota Bradenton Venice, Florida MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $95,000.00 in 1997, you could multiply by + 9.33%, add the gain and see the home should be worth $103,865.38 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Sarasota-Bradenton-Venice-FL from 1997 to 1998:
+ 4.67%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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