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: + 20.43%
  • State of NY: + 47.68%
  • Difference: - 57.15%

Albany-Schenectady-Troy-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Altamont, New York home was worth $100,000.00 in 1998, you could multiply by + 20.43%, add the gain and see the home should be worth $120,431.67 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1998 to 2002:
+ 4.09%

Appreciation Comparisons

The top 5 performing MSAs from 1998 to 2002 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Salinas-CA, and Santa-Cruz-Watsonville-CA .

  1. Barnstable-Town-MA increased + 93.09% from 1998 to the end of 2002
  2. Napa-CA increased + 86.55% from 1998 to the end of 2002
  3. San-Luis-Obispo-Paso-Robles-CA increased + 83.76% from 1998 to the end of 2002
  4. Salinas-CA increased + 82.76% from 1998 to the end of 2002
  5. Santa-Cruz-Watsonville-CA increased + 81.13% from 1998 to the end of 2002

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 2005

Zip Code in MSA: 12009 - ALTAMONT, NY

MSA Pop: 840644
Zip Pop: 7628
Avg Value: 131900
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.70314
Long: -74.02866