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 + 87.61% (+ 12.52% yearly) from 2000 to 2006.

During the same time period, NY had + 94.41% (+ 13.49% yearly). From 2000 to 2006, 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

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation


Lets look at Averill Park, 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 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 $106,000.00 in 2000, you could multiply by + 87.61%, add the gain and see the home should be worth $198,861.77 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2000 to 2006:
+ 12.52%

Appreciation Comparisons

For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .

  1. Salinas-CA increased +208.13% from 1999 thru 2005
  2. Springfield-MA increased +199.02% from 1981 thru 1987
  3. Merced-CA increased +193.70% from 1999 thru 2005
  4. Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
  5. Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 12018 - AVERILL PARK, NY

MSA Pop: 840644
Zip Pop: 7513
Avg Value: 122600
County: RENSSELAER
Elev: 35
Region: Northeast
Lat: 42.64062
Long: -73.5495