Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Bangor, Maine MSA appreciation it was + 47.94% (+ 4.79% yearly) from 1994 to 2003.

During the same time period, ME had + 72.30% (+ 7.23% yearly). From 1994 to 2003, Maine outperformed the individual Bangor, Maine MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bangor-ME

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


Some of the ways peope use our appreciation data for Bangor, Maine include real estate investment .

Lets look at Burlington, Maine, a city located in Bangor, Maine MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Maine check out Spec-Loan.com

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 $97,000.00 in 1994, you could multiply by + 47.94%, add the gain and see the home should be worth $143,503.14 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1994 to 2003:
+ 4.79%

Appreciation Comparisons

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 thru 1992

The top 5 performing MSAs from 1994 to 2003 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Barnstable-Town-MA increased +146.29% from 1994 to the end of 2003
  2. Salinas-CA increased +119.32% from 1994 to the end of 2003
  3. San-Diego-Carlsbad-San-Marcos-CA increased +119.20% from 1994 to the end of 2003
  4. Napa-CA increased +117.57% from 1994 to the end of 2003
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +116.73% from 1994 to the end of 2003

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