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: + 24.51%
  • State of ME: + 45.63%
  • Difference: - 46.28%

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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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 $100,000.00 in 1998, you could multiply by + 24.51%, add the gain and see the home should be worth $124,511.77 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1998 to 2002:
+ 4.90%

Appreciation Comparisons

The top 5 performing MSAs from 1998 to 2002 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Salinas-CA, and Santa-Cruz-Watsonville-CA .

  1. Barnstable-Town-MA increased + 93.09% from 1998 to the end of 2002
  2. Napa-CA increased + 86.55% from 1998 to the end of 2002
  3. San-Luis-Obispo-Paso-Robles-CA increased + 83.76% from 1998 to the end of 2002
  4. Salinas-CA increased + 82.76% from 1998 to the end of 2002
  5. Santa-Cruz-Watsonville-CA increased + 81.13% from 1998 to the end of 2002

In contrast, the worst 5 MSAs from 1998 to 2002 were Midland-TX, Lewiston-ID-WA, Springfield-IL, Fayetteville-NC, and Columbus-IN .

  1. Midland-TX only increased + 7.60% between 1998 and 2002
  2. Lewiston-ID-WA only increased + 7.99% between 1998 and 2002
  3. Springfield-IL only increased + 8.47% between 1998 and 2002
  4. Fayetteville-NC only increased + 8.72% between 1998 and 2002
  5. Columbus-IN only increased + 8.79% between 1998 and 2002

Zip Code in MSA: 4401 - BANGOR, ME

MSA Pop: 146982
Zip Pop: 40358
Avg Value: 85600
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.816283
Long: -68.778771