Real Estate Appreciation for Albany Schenectady Troy, New York: + 54.55%
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 + 54.55% (+ 13.64% yearly) between 2003 and the end of 2006.
The state of NY had + 44.87% total appreciation (+ 11.22% 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 + 21.57% faster than the state as a whole.
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 187.87 | + 3.19% | + 12.77% |
| 2006 | 2 | 190.82 | + 1.57% | + 6.28% |
| 2006 | 3 | 192.36 | + 0.81% | + 3.23% |
| 2006 | 4 | 195.71 | + 1.74% | + 6.97% |
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Alplaus, New York, a city located in Albany Schenectady Troy, New York MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Alplaus, New York check out Spec-Loan.com
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 $109,000.00 in 2003, you could multiply by + 54.55%, add the gain and see the home should be worth $168,462.37 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2003 to 2006:
+ 13.64%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 12008 - ALPLAUS, NY
MSA Pop: 840644Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023