Real Estate Appreciation for Albany Schenectady Troy, New York: +134.22%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Albany Schenectady Troy, New York MSA appreciated +134.22% (+ 19.17% yearly) between 1983 and the end of 1989.
The state of NY had +122.19% total appreciation (+ 17.46% yearly).
The Albany Schenectady Troy, New York MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 9.84% faster than the state as a whole.
Albany-Schenectady-Troy-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1986-1989 Quarterly Detailed Appreciation
1983-1986 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Albany Schenectady Troy, New York include real estate investment .
Lets look at Averill Park, New York, a city located in Albany Schenectady Troy, New York MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 1983, you could multiply by +134.22%, add the gain and see the home should be worth $168,635.83 in 1989. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1983 to 1989:
+ 19.17%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1983 to 1989 were Casper-WY, Midland-TX, Lafayette-LA, Anchorage-AK, and Oklahoma-City-OK .
- Casper-WY decreased by - 35.78% between 1983 and 1989
- Midland-TX decreased by - 32.81% between 1983 and 1989
- Lafayette-LA decreased by - 32.70% between 1983 and 1989
- Anchorage-AK decreased by - 27.15% between 1983 and 1989
- Oklahoma-City-OK decreased by - 21.84% between 1983 and 1989
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
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