Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Albany Schenectady Troy, New York MSA appreciation it was - 4.09% (- 0.68% yearly) from 1994 to 1999.

During the same time period, NY had + 15.76% (+ 2.63% yearly). From 1994 to 1999, New York outperformed the individual Albany Schenectady Troy, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Albany-Schenectady-Troy-NY

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1996-1999 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .

Lets look at Altamont, 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 Altamont, New York check out Spec-Loan.com

If you were going to do a Altamont, New York Refinance, or Altamont, New York Reverse Mortgages, you could estimate your home value.

If you knew your Altamont, New York home was worth $93,000.00 in 1994, you could multiply by - 4.09%, add the gain and see the home should be worth $89,193.84 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1994 to 1999:
- 0.68%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Denver-Aurora-CO, Monroe-MI, Battle-Creek-MI, and Jackson-MI .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 55.06% from 1994 to the end of 1999
  2. Denver-Aurora-CO increased + 54.88% from 1994 to the end of 1999
  3. Monroe-MI increased + 50.44% from 1994 to the end of 1999
  4. Battle-Creek-MI increased + 49.19% from 1994 to the end of 1999
  5. Jackson-MI increased + 48.18% from 1994 to the end of 1999

Zip Code in MSA: 12009 - ALTAMONT, NY

MSA Pop: 840644
Zip Pop: 7628
Avg Value: 131900
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.70314
Long: -74.02866