Real Estate Appreciation for Albany Schenectady Troy, New York: + 6.99%
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 + 6.99% (+ 0.87% yearly) from 1994 to 2001.
During the same time period, NY had + 38.77% (+ 4.85% yearly).
From 1994 to 2001, 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 OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 $95,000.00 in 1994, you could multiply by + 6.99%, add the gain and see the home should be worth $101,644.96 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1994 to 2001:
+ 0.87%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
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