Real Estate Appreciation for Sarasota Bradenton Venice, Florida: + 23.57%
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 + 23.57% (+ 5.89% yearly).
All of the property in FL averaged + 21.14% change in value (+ 5.29% 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% |
| 1999 | 1 | 119.17 | + 0.71% | + 2.84% |
| 1999 | 2 | 119.16 | - 0.01% | - 0.03% |
| 1999 | 3 | 121.55 | + 2.01% | + 8.02% |
| 1999 | 4 | 122.17 | + 0.51% | + 2.04% |
| 2000 | 1 | 125.8 | + 2.97% | + 11.89% |
| 2000 | 2 | 127.76 | + 1.56% | + 6.23% |
| 2000 | 3 | 130.27 | + 1.96% | + 7.86% |
| 2000 | 4 | 133.74 | + 2.66% | + 10.65% |
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 $97,000.00 in 1997, you could multiply by + 23.57%, add the gain and see the home should be worth $119,863.07 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Sarasota-Bradenton-Venice-FL from 1997 to 2000:
+ 5.89%
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: 34201 - BRADENTON, FL
MSA Pop: 633597Zip Pop: 1877
Avg Value: 286500
County: MANATEE
Elev: 19
Region: South
Lat: 27.390254
Long: -82.481246