Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Albany Schenectady Troy, New York did compared to the state as a whole.

The Albany Schenectady Troy, New York MSA property value change was + 2.61% (+ 0.87% yearly).

All of the property in NY averaged + 16.87% change in value (+ 5.62% yearly).

Albany-Schenectady-Troy-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 100.45 - 0.04% - 0.16%
1997 3 100.17 - 0.28% - 1.11%
1997 4 101.34 + 1.17% + 4.67%
1998 1 103.32 + 1.95% + 7.82%
1998 2 102.39 - 0.90% - 3.60%
1998 3 102.44 + 0.05% + 0.20%
1998 4 103.63 + 1.16% + 4.65%
1999 1 104.24 + 0.59% + 2.35%
1999 2 104.11 - 0.12% - 0.50%
1999 3 104.16 + 0.05% + 0.19%
1999 4 103.11 - 1.01% - 4.03%


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 Alplaus, 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 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 $96,000.00 in 1997, you could multiply by + 2.61%, add the gain and see the home should be worth $98,502.94 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1997 to 1999:
+ 0.87%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .

  1. Honolulu-HI decreased by - 5.64% between 1997 and 1999
  2. Williamsport-PA decreased by - 0.53% between 1997 and 1999
  3. Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
  4. Ithaca-NY only increased + 0.26% between 1997 and 1999
  5. Reading-PA only increased + 1.79% between 1997 and 1999

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 12008 - ALPLAUS, NY

MSA Pop: 840644
Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023