Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Bangor, Maine MSA appreciated + 96.59% (+ 6.90% yearly) between 1993 and the end of 2006.

The state of ME had +124.21% total appreciation (+ 8.87% 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 than the state as a whole. The state appreaciated + 28.59% faster than this MSA.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Greenbush, Maine click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Bangor, Maine.

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

If you knew your Greenbush, Maine home was worth $99,000.00 in 1993, you could multiply by + 96.59%, add the gain and see the home should be worth $194,627.83 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1993 to 2006:
+ 6.90%

Appreciation Comparisons

The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .

  1. Midland-TX lost - 26.68% from 1982 to 1995
  2. Midland-TX lost - 24.58% from 1983 thru 1996
  3. Odessa-TX lost - 17.25% from 1984 thru 1997
  4. Midland-TX lost - 13.75% from 1984 thru 1997
  5. Midland-TX lost - 6.03% from 1986 thru 1999

The top 5 performing MSAs from 1993 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Bend-OR, Flagstaff-AZ-UT, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +247.88% from 1993 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +240.91% from 1993 to the end of 2006
  3. Bend-OR increased +230.33% from 1993 to the end of 2006
  4. Flagstaff-AZ-UT increased +228.96% from 1993 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +223.72% from 1993 to the end of 2006

Zip Code in MSA: 4418 - GREENBUSH, ME

MSA Pop: 146982
Zip Pop: 1420
Avg Value: 57700
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 45.080192
Long: -68.594259