Appreciation for MSAs:.

Let's start by comparing Bangor, Maine 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 + 27.60% (+ 2.76% yearly) for the Bangor, Maine MSA.

The entire state of ME had + 39.93% appreciation (+ 3.99% yearly). The state average for Maine was higher than the real estate appreciation in the Bangor, Maine MSA. This means the conditions in the MSA for real estate investment were worse by + 44.70%.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Burlington, Maine Refinance, or Burlington, Maine Reverse Mortgages, you could estimate your home value.

If you knew your Burlington, Maine home was worth $93,000.00 in 1992, you could multiply by + 27.60%, add the gain and see the home should be worth $118,663.60 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1992 to 2001:
+ 2.76%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2001 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Salt-Lake-City-UT .

  1. Boulder-CO increased +140.25% from 1992 to the end of 2001
  2. Denver-Aurora-CO increased +124.99% from 1992 to the end of 2001
  3. Fort-Collins-Loveland-CO increased +116.99% from 1992 to the end of 2001
  4. Greeley-CO increased +113.57% from 1992 to the end of 2001
  5. Salt-Lake-City-UT increased +100.09% from 1992 to the end of 2001

For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .

  1. Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
  2. New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
  3. Salinas-CA increased +251.06% from 1996 thru 2005
  4. Salinas-CA increased +247.53% from 1997 thru 2006
  5. Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006

Zip Code in MSA: 4417 - BURLINGTON, ME

MSA Pop: 146982
Zip Pop: 298
Avg Value: 45000
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 45.17851
Long: -68.43759