Real Estate Appreciation for Albany Schenectady Troy, New York: + 54.41%
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: + 54.41%
- State of NY: + 87.02%
- Difference: - 37.47%
Albany-Schenectady-Troy-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Albany Schenectady Troy, New York include real estate investment .
Lets look at Averill Park, New York, a city located in Albany Schenectady Troy, New York MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in New York check out Spec-Loan.com
If you were going to do a Averill Park, New York Refinance, or Averill Park, New York Reverse Mortgages, you could estimate your home value.
If you knew your Averill Park, New York home was worth $102,000.00 in 1998, you could multiply by + 54.41%, add the gain and see the home should be worth $157,501.74 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1998 to 2004:
+ 7.77%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and Vallejo-Fairfield-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +167.66% from 1998 to the end of 2004
- Salinas-CA increased +167.48% from 1998 to the end of 2004
- Napa-CA increased +152.43% from 1998 to the end of 2004
- Barnstable-Town-MA increased +150.37% from 1998 to the end of 2004
- Vallejo-Fairfield-CA increased +149.77% from 1998 to the end of 2004
In contrast, the worst 5 MSAs from 1998 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Columbus-IN, Provo-Orem-UT, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 12.00% between 1998 and 2004
- Jackson-TN only increased + 14.01% between 1998 and 2004
- Columbus-IN only increased + 14.05% between 1998 and 2004
- Provo-Orem-UT only increased + 15.85% between 1998 and 2004
- Lafayette-IN only increased + 16.85% between 1998 and 2004
Zip Code in MSA: 12018 - AVERILL PARK, NY
MSA Pop: 840644Zip Pop: 7513
Avg Value: 122600
County: RENSSELAER
Elev: 35
Region: Northeast
Lat: 42.64062
Long: -73.5495