Real Estate Appreciation for Sarasota Bradenton Venice, Florida: + 35.66%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Sarasota Bradenton Venice, Florida MSA appreciated + 35.66% (+ 11.89% yearly) for the period between 2001 and the end of 2003.
The state had + 32.31% total appreciation (+ 10.77% yearly).
The Sarasota Bradenton Venice, Florida MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Sarasota-Bradenton-Venice-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 141.32 | + 2.97% | + 11.86% |
| 2001 | 3 | 144.19 | + 2.03% | + 8.12% |
| 2001 | 4 | 147.46 | + 2.27% | + 9.07% |
| 2002 | 1 | 151.39 | + 2.67% | + 10.66% |
| 2002 | 2 | 155.93 | + 3.00% | + 12.00% |
| 2002 | 3 | 160.9 | + 3.19% | + 12.75% |
| 2002 | 4 | 163.63 | + 1.70% | + 6.79% |
| 2003 | 1 | 168.56 | + 3.01% | + 12.05% |
| 2003 | 2 | 171.89 | + 1.98% | + 7.90% |
| 2003 | 3 | 176.38 | + 2.61% | + 10.45% |
| 2003 | 4 | 186.19 | + 5.56% | + 22.25% |
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 $104,000.00 in 2001, you could multiply by + 35.66%, add the gain and see the home should be worth $141,083.86 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Sarasota-Bradenton-Venice-FL from 2001 to 2003:
+ 11.89%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2001 to 2003 were Ogden-Clearfield-UT, Logan-UT-ID, Provo-Orem-UT, Austin-Round-Rock-TX, and Jackson-TN .
- Ogden-Clearfield-UT only increased + 2.75% between 2001 and 2003
- Logan-UT-ID only increased + 2.82% between 2001 and 2003
- Provo-Orem-UT only increased + 2.87% between 2001 and 2003
- Austin-Round-Rock-TX only increased + 3.75% between 2001 and 2003
- Jackson-TN only increased + 3.85% between 2001 and 2003
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