Real Estate Appreciation for Albany Schenectady Troy, New York: + 55.21%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Albany Schenectady Troy, New York: + 55.21%
- State of NY: + 37.22%
- Difference: + 48.34%
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1986 | 2 | 69.55 | + 3.48% | + 13.93% |
| 1986 | 3 | 72.79 | + 4.66% | + 18.63% |
| 1986 | 4 | 78.1 | + 7.29% | + 29.18% |
| 1987 | 1 | 82.92 | + 6.17% | + 24.69% |
| 1987 | 2 | 84.71 | + 2.16% | + 8.63% |
| 1987 | 3 | 88.28 | + 4.21% | + 16.86% |
| 1987 | 4 | 91.25 | + 3.36% | + 13.46% |
| 1988 | 1 | 93.63 | + 2.61% | + 10.43% |
| 1988 | 2 | 97.57 | + 4.21% | + 16.83% |
| 1988 | 3 | 99.35 | + 1.82% | + 7.30% |
| 1988 | 4 | 99.88 | + 0.53% | + 2.13% |
| 1989 | 1 | 100.54 | + 0.66% | + 2.64% |
| 1989 | 2 | 101.73 | + 1.18% | + 4.73% |
| 1989 | 3 | 104 | + 2.23% | + 8.93% |
| 1989 | 4 | 104.32 | + 0.31% | + 1.23% |
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Alplaus, 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 Alplaus, New York check out Spec-Loan.com
If you were going to do a Alplaus, New York Refinance, or Alplaus, New York Reverse Mortgages, you could estimate your home value.
If you knew your Alplaus, New York home was worth $75,000.00 in 1986, you could multiply by + 55.21%, add the gain and see the home should be worth $116,411.25 in 1989. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1986 to 1989:
+ 13.80%
Appreciation Comparisons
The top 5 performing MSAs from 1986 to 1989 were San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, and Honolulu-HI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.41% from 1986 to the end of 1989
- Oxnard-Thousand-Oaks-Ventura-CA increased + 81.28% from 1986 to the end of 1989
- Santa-Cruz-Watsonville-CA increased + 80.63% from 1986 to the end of 1989
- Santa-Rosa-Petaluma-CA increased + 71.01% from 1986 to the end of 1989
- Honolulu-HI increased + 70.40% from 1986 to the end of 1989
In contrast, the worst 5 MSAs from 1986 to 1989 were Anchorage-AK, Austin-Round-Rock-TX, Midland-TX, Casper-WY, and Oklahoma-City-OK .
- Anchorage-AK decreased by - 28.25% between 1986 and 1989
- Austin-Round-Rock-TX decreased by - 25.36% between 1986 and 1989
- Midland-TX decreased by - 21.19% between 1986 and 1989
- Casper-WY decreased by - 19.47% between 1986 and 1989
- Oklahoma-City-OK decreased by - 18.30% between 1986 and 1989
Zip Code in MSA: 12008 - ALPLAUS, NY
MSA Pop: 840644Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023