Real Estate Appreciation for Albuquerque, New Mexico: + 30.10%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Albuquerque, New Mexico MSA appreciated + 30.10% (+ 6.02% yearly) between 1993 and the end of 1997.
The state of NM had + 28.54% total appreciation (+ 5.71% yearly).
The Albuquerque, New Mexico MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 5.45% faster than the state as a whole.
Albuquerque-NM
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Albuquerque, New Mexico .
Lets look at Algodones, 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 Algodones, New Mexico check out Spec-Loan.com
If you were going to do a Algodones, New Mexico Refinance, or Algodones, New Mexico Reverse Mortgages, you could estimate your home value.
If you knew your Algodones, New Mexico home was worth $90,000.00 in 1993, you could multiply by + 30.10%, add the gain and see the home should be worth $117,087.48 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1993 to 1997:
+ 6.02%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .
- Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
- Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
- Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
- Greeley-CO increased + 50.51% from 1993 to the end of 1997
- Logan-UT-ID increased + 49.89% from 1993 to the end of 1997
In contrast, the worst 5 MSAs from 1993 to 1997 were Honolulu-HI, Riverside-San-Bernardino-Ontario-CA, Utica-Rome-NY, Binghamton-NY, and Kingston-NY .
- Honolulu-HI decreased by - 13.29% between 1993 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.51% between 1993 and 1997
- Utica-Rome-NY decreased by - 11.75% between 1993 and 1997
- Binghamton-NY decreased by - 11.36% between 1993 and 1997
- Kingston-NY decreased by - 7.89% between 1993 and 1997
Zip Code in MSA: 87001 - ALGODONES, NM
MSA Pop: 764869Zip Pop: 3482
Avg Value: 102000
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.379625
Long: -106.480056