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 + 0.49% (+ 0.07% yearly) from 1994 to 2000.

During the same time period, NY had + 26.62% (+ 3.80% yearly). From 1994 to 2000, 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

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Lets look at Averill Park, New York, a city located in Albany Schenectady Troy, New York MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $94,000.00 in 1994, you could multiply by + 0.49%, add the gain and see the home should be worth $94,463.40 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1994 to 2000:
+ 0.07%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Lafayette-LA lost - 32.70% from 1983 thru 1989
  2. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 12018 - AVERILL PARK, NY

MSA Pop: 840644
Zip Pop: 7513
Avg Value: 122600
County: RENSSELAER
Elev: 35
Region: Northeast
Lat: 42.64062
Long: -73.5495