Real Estate Appreciation for Albany Schenectady Troy, New York: +141.98%
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 +141.98% (+ 12.91% yearly) between 1983 and the end of 1993.
The state of NY had +123.93% total appreciation (+ 11.27% 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 + 14.57% 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
1990-1993 Quarterly Detailed Appreciation
1987-1990 Quarterly Detailed Appreciation
1984-1987 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $76,000.00 in 1983, you could multiply by +141.98%, add the gain and see the home should be worth $183,908.40 in 1993. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1983 to 1993:
+ 12.91%
Appreciation Comparisons
The top 5 performing MSAs from 1983 to 1993 were Honolulu-HI, Albany-Schenectady-Troy-NY, Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, and Poughkeepsie-Newburgh-Middletown-NY .
- Honolulu-HI increased +166.51% from 1983 to the end of 1993
- Albany-Schenectady-Troy-NY increased +141.98% from 1983 to the end of 1993
- Providence-New-Bedford-Fall-River-RI-MA increased +136.30% from 1983 to the end of 1993
- Springfield-MA increased +123.50% from 1983 to the end of 1993
- Poughkeepsie-Newburgh-Middletown-NY increased +115.48% from 1983 to the end of 1993
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
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