Real Estate Appreciation for Albany Schenectady Troy, New York: + 10.27%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Albany Schenectady Troy, New York MSA appreciation it was + 10.27% (+ 5.13% yearly) from 2000 to 2001.
During the same time period, NY had + 17.88% (+ 8.94% yearly).
From 2000 to 2001, New York outperformed the individual Albany Schenectady Troy, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 Alcove, New York Refinance, or Alcove, New York Reverse Mortgages, you could estimate your home value.
If you knew your Alcove, New York home was worth $101,000.00 in 2000, you could multiply by + 10.27%, add the gain and see the home should be worth $111,369.15 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2000 to 2001:
+ 5.13%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 12007 - ALCOVE, NY
MSA Pop: 840644Zip Pop: 0
Avg Value: 0
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.46741
Long: -73.92823