Naples Florida Real Estate Information

          

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Tom Doyle, Realtor
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 239.641.4575

tomdoyle@naplesinsider.com

Sun Realty

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Naples Real Estate Appreciation - Page Two

 

Historical Appreciation Trends

 The purchase history for any property is available in the Collier County's public records. Historical appreciation values can be approximated for neighborhoods, condo buildings, communities and large areas. The following chart shows the average yearly appreciation gain realized by home owners who sold their property in the 2nd Quarter of 2004:

Appreciation Rates

Notes:

  • Example: Naples area homes purchased in 1996 that where sold in the 2nd Qtr 2004, on an average, returned a 10% increase in value per year.
  • Appreciation increases on specific properties ranged from less than 0% to over 30%.
  • Includes only those home that where held for over a year.
  • Rates can vary significantly by area.
  • Based on over 1,600 single family and condo homes sold.

 

 

Factors Influencing Naples Appreciation Gains

Several factors are contributing to appreciation growth:

  • Greater Demand - Emergence of the baby-boom factor (see above).

  • Greater Demand - Pre-retires buying years before retirement to protect their purchasing power.

  • Greater Demand - Growth in population required to support the economic development (see market overview).

  • An increase in buyers for investment purposes only.

  • Area's closest to beaches have been developed (see new construction).

Collier County Appreciation and Growth Rates

The County's Tax Roll Summary shows the increases in the county's market value for residential, commercial and new construction properties combined. Certain residential areas have seen higher percentage growth rates, while others have seen less.

Collier County Tax Roll Summary

Year

Market Value

% Increase
Vs Prior Year

2003

$57,761,717,617

16.29%

2002

$49,671,844,946

20.17%

2001

$41,333,321,441

21.92%

2000

$33,902,799,963

13.65%

1999

$29,830,939,079

15.73%

Source: County County Property Appraiser

The information presented here is for discussion purposes only. Each real estate purchase is unique, nothing presented here should be interpreted to state or imply that historical trends are the sole predictor of future performance.

 

Appreciation Effect on Property Values

The following chart shows what the increase in property values would be, at various annual growth rates, over a 5 year period. See related information: Closing Costs and Annual Cash Payments.

Increase in Property Value after 5 Years

Original Purchase
 Price =

$150,000

200,000

300,000

500,000

Average Annual
Appreciation of:

 

Value after 5 Years

 

5%

$  191,000

255,000

383,000

638,000

10%

$  242,000

332,000

483,000

805,000

15%

$  302,000

402,000

603,000

1,006,000

Example: A home purchased for $200,000 would be worth $332,000 after 5 years, if it appreciated 10% each year.

 

Make an Informed Decision, Work With the Information You Need!

 

Buy or Sell through Someone Informed
Your Naples Area Realtor

Tom Doyle
239.641.4575
 

Sun Realty.

4980 Tamiami Trail

Naples, FL 34103

More About Me

 

 
 

 

 

 

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