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 + 82.04% (+ 6.31% yearly) from 1994 to 2006.

During the same time period, NY had +128.87% (+ 9.91% yearly). From 1994 to 2006, 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
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Ballston Lake, New York click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Albany Schenectady Troy, New York.

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

If you knew your Ballston Lake, New York home was worth $100,000.00 in 1994, you could multiply by + 82.04%, add the gain and see the home should be worth $182,038.88 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1994 to 2006:
+ 6.31%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, San-Jose-Sunnyvale-Santa-Clara-CA, Bend-OR, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +248.87% from 1994 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +228.05% from 1994 to the end of 2006
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +216.45% from 1994 to the end of 2006
  4. Bend-OR increased +211.83% from 1994 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +210.92% from 1994 to the end of 2006

In contrast, the worst 5 MSAs from 1994 to 2006 were Rochester-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, Lafayette-IN, and Fort-Wayne-IN .

  1. Rochester-NY only increased + 31.76% between 1994 and 2006
  2. Buffalo-Niagara-Falls-NY only increased + 38.77% between 1994 and 2006
  3. Springfield-IL only increased + 40.34% between 1994 and 2006
  4. Lafayette-IN only increased + 41.59% between 1994 and 2006
  5. Fort-Wayne-IN only increased + 45.03% between 1994 and 2006

Zip Code in MSA: 12019 - BALLSTON LAKE, NY

MSA Pop: 840644
Zip Pop: 13320
Avg Value: 140700
County: SARATOGA
Elev: 288
Region: Northeast
Lat: 42.92172
Long: -73.8906