Real Estate Appreciation for Albany Schenectady Troy, New York: + 7.51%
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 + 7.51% (+ 1.88% yearly).
All of the property in NY averaged + 27.84% change in value (+ 6.96% yearly).
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2000 | 1 | 104.32 | + 1.17% | + 4.69% |
| 2000 | 2 | 105.44 | + 1.07% | + 4.29% |
| 2000 | 3 | 107.65 | + 2.10% | + 8.38% |
| 2000 | 4 | 108.04 | + 0.36% | + 1.45% |
Lets look at Alplaus, 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 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 $97,000.00 in 1997, you could multiply by + 7.51%, add the gain and see the home should be worth $104,287.79 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1997 to 2000:
+ 1.88%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
Zip Code in MSA: 12008 - ALPLAUS, NY
MSA Pop: 840644Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023