Real Estate Appreciation for Bangor, Maine: + 56.67%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bangor, Maine: + 56.67%
- State of ME: + 90.56%
- Difference: - 37.42%
Bangor-ME
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
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If you were going to do a Brewer, Maine Refinance, or Brewer, Maine Reverse Mortgages, you could estimate your home value.
If you knew your Brewer, Maine home was worth $100,000.00 in 1996, you could multiply by + 56.67%, add the gain and see the home should be worth $156,667.94 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bangor-ME from 1996 to 2004:
+ 6.30%
Appreciation Comparisons
The worst 5 MSAs from 1996 to 2004 were Florence-Muscle-Shoals-AL, Columbus-IN, Springfield-IL, El-Paso-TX, and Jackson-TN .
- Florence-Muscle-Shoals-AL only increased + 19.09% between 1996 and 2004
- Columbus-IN only increased + 21.32% between 1996 and 2004
- Springfield-IL only increased + 21.65% between 1996 and 2004
- El-Paso-TX only increased + 22.29% between 1996 and 2004
- Jackson-TN only increased + 22.40% between 1996 and 2004
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 4412 - BREWER, ME
MSA Pop: 146982Zip Pop: 8987
Avg Value: 88200
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.787181
Long: -68.75276