Real Estate Appreciation for Albuquerque, New Mexico: +122.74%
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 +122.74% (+ 8.18% yearly) for the Albuquerque, New Mexico MSA.
The entire state of NM had +122.09% appreciation (+ 8.14% yearly).
The Albuquerque, New Mexico MSA beat out the state. by + 0.54% appreciation.
Albuquerque-NM
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Bernalillo, New Mexico, a city located in Albuquerque, New Mexico 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 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 $98,000.00 in 1992, you could multiply by +122.74%, add the gain and see the home should be worth $218,286.11 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1992 to 2006:
+ 8.18%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2006 were Bend-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Salinas-CA, Flagstaff-AZ-UT, and Medford-OR .
- Bend-OR increased +248.24% from 1992 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +244.55% from 1992 to the end of 2006
- Salinas-CA increased +242.54% from 1992 to the end of 2006
- Flagstaff-AZ-UT increased +240.43% from 1992 to the end of 2006
- Medford-OR increased +232.88% from 1992 to the end of 2006
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