Real Estate Appreciation for Bangor, Maine: + 29.33%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bangor, Maine did compared to the state as a whole.
The Bangor, Maine MSA property value change was + 29.33% (+ 4.89% yearly).
All of the property in ME averaged + 53.86% change in value (+ 8.98% yearly).
Bangor-ME
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bangor, Maine .
Lets look at Bangor, Maine, a city located in Bangor, Maine MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bangor, Maine check out Spec-Loan.com
If you were going to do a Bangor, Maine Refinance, or Bangor, Maine Reverse Mortgages, you could estimate your home value.
If you knew your Bangor, Maine home was worth $99,000.00 in 1997, you could multiply by + 29.33%, add the gain and see the home should be worth $128,033.74 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bangor-ME from 1997 to 2002:
+ 4.89%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2002 were Barnstable-Town-MA, Santa-Cruz-Watsonville-CA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Barnstable-Town-MA increased +105.37% from 1997 to the end of 2002
- Santa-Cruz-Watsonville-CA increased + 99.39% from 1997 to the end of 2002
- Napa-CA increased + 99.10% from 1997 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 95.06% from 1997 to the end of 2002
- San-Diego-Carlsbad-San-Marcos-CA increased + 93.97% from 1997 to the end of 2002
Zip Code in MSA: 4402 - BANGOR, ME
MSA Pop: 146982Zip Pop: 0
Avg Value: 0
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.832203
Long: -68.78755