Real Estate Appreciation for Baltimore Towson, Maryland: + 92.22%
Appreciation for MSAs:.
Let's start by comparing Baltimore Towson, Maryland 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 + 92.22% (+ 18.44% yearly) for the Baltimore Towson, Maryland MSA.
The entire state of MD had + 93.38% appreciation (+ 18.68% yearly).
The state average for Maryland was higher than the real estate appreciation in the Baltimore Towson, Maryland MSA. This means the conditions in the MSA for real estate investment were worse by + 1.26%.
Baltimore-Towson-MD
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
Lets look at Laurel, Maryland, a city located in Baltimore Towson, Maryland 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 Laurel, Maryland Refinance, or Laurel, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Laurel, Maryland home was worth $108,000.00 in 2002, you could multiply by + 92.22%, add the gain and see the home should be worth $207,597.38 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 2002 to 2006:
+ 18.44%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 20723 - LAUREL, MD
MSA Pop: 2616229Zip Pop: 24079
Avg Value: 166600
County: HOWARD
Elev: 233
Region: South
Lat: 39.132157
Long: -76.860248