Real Estate Appreciation for Albany Schenectady Troy, New York: + 11.33%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Albany Schenectady Troy, New York: + 11.33%
- State of NY: + 32.71%
- Difference: - 65.35%
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 109.23 | + 1.10% | + 4.41% |
| 2001 | 2 | 111.57 | + 2.14% | + 8.57% |
| 2001 | 3 | 114.14 | + 2.30% | + 9.21% |
| 2001 | 4 | 115.03 | + 0.78% | + 3.12% |
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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 $99,000.00 in 1998, you could multiply by + 11.33%, add the gain and see the home should be worth $110,220.38 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1998 to 2001:
+ 2.83%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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