Real Estate Appreciation for Albuquerque, New Mexico: + 94.62%
Appreciation for MSAs:.
Let's start by comparing Albuquerque, New Mexico to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 94.62% (+ 6.76% yearly) for the Albuquerque, New Mexico MSA.
The entire state of NM had +101.59% appreciation (+ 7.26% yearly).
The state average for New Mexico was higher than the real estate appreciation in the Albuquerque, New Mexico MSA. This means the conditions in the MSA for real estate investment were worse by + 7.37%.
Albuquerque-NM
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Albuquerque, New Mexico .
Lets look at Bernalillo, New Mexico, a city located in Albuquerque, New Mexico 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 Bernalillo, New Mexico check out Spec-Loan.com
If you were going to do a Bernalillo, New Mexico Refinance, or Bernalillo, New Mexico Reverse Mortgages, you could estimate your home value.
If you knew your Bernalillo, New Mexico home was worth $97,000.00 in 1992, you could multiply by + 94.62%, add the gain and see the home should be worth $188,779.72 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1992 to 2005:
+ 6.76%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
Zip Code in MSA: 87004 - BERNALILLO, NM
MSA Pop: 764869Zip Pop: 8154
Avg Value: 74900
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.308802
Long: -106.546963