Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Albany Schenectady Troy, New York MSA appreciated + 43.77% (+ 14.59% yearly) between 2003 and the end of 2005.

The state of NY had + 40.36% total appreciation (+ 13.45% yearly). The Albany Schenectady Troy, New York MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 8.47% faster than the state as a whole.

Albany-Schenectady-Troy-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 129.23 + 2.05% + 8.21%
2003 3 132.7 + 2.69% + 10.74%
2003 4 139.02 + 4.76% + 19.05%
2004 1 141.66 + 1.90% + 7.60%
2004 2 146.93 + 3.72% + 14.88%
2004 3 156 + 6.17% + 24.69%
2004 4 159.54 + 2.27% + 9.08%
2005 1 164.44 + 3.07% + 12.29%
2005 2 172.25 + 4.75% + 19.00%
2005 3 179.59 + 4.26% + 17.04%
2005 4 182.06 + 1.38% + 5.50%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Alplaus, New York click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Albany Schenectady Troy, New York.

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 $108,000.00 in 2003, you could multiply by + 43.77%, add the gain and see the home should be worth $155,275.05 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2003 to 2005:
+ 14.59%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .

  1. Burlington-NC only increased + 3.06% between 2003 and 2005
  2. Lafayette-IN only increased + 4.69% between 2003 and 2005
  3. Jonesboro-AR only increased + 5.04% between 2003 and 2005
  4. Anderson-IN only increased + 5.16% between 2003 and 2005
  5. Rocky-Mount-NC only increased + 5.82% between 2003 and 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 12008 - ALPLAUS, NY

MSA Pop: 840644
Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023