Real Estate Appreciation for Albany Schenectady Troy, New York: +139.48%
Appreciation for MSAs:.
Let's start by comparing Albany Schenectady Troy, New York to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +139.48% (+ 15.50% yearly) for the Albany Schenectady Troy, New York MSA.
The entire state of NY had +114.12% appreciation (+ 12.68% yearly).
The Albany Schenectady Troy, New York MSA beat out the state. by + 22.22% appreciation.
Albany-Schenectady-Troy-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1987-1990 Quarterly Detailed Appreciation
1984-1987 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Averill Park, New York, a city located in Albany Schenectady Troy, New York 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 Averill Park, New York check out Spec-Loan.com
If you were going to do a Averill Park, New York Refinance, or Averill Park, New York Reverse Mortgages, you could estimate your home value.
If you knew your Averill Park, New York home was worth $72,000.00 in 1982, you could multiply by +139.48%, add the gain and see the home should be worth $172,424.95 in 1990. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1982 to 1990:
+ 15.50%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 12018 - AVERILL PARK, NY
MSA Pop: 840644Zip Pop: 7513
Avg Value: 122600
County: RENSSELAER
Elev: 35
Region: Northeast
Lat: 42.64062
Long: -73.5495