Real Estate Appreciation for Bangor, Maine: + 64.40%
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: + 64.40%
- State of ME: +101.47%
- Difference: - 36.53%
Bangor-ME
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bangor, Maine include real estate investment .
Lets look at Bradley, 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 Bradley, Maine Refinance, or Bradley, Maine Reverse Mortgages, you could estimate your home value.
If you knew your Bradley, Maine home was worth $103,000.00 in 1998, you could multiply by + 64.40%, add the gain and see the home should be worth $169,332.45 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bangor-ME from 1998 to 2005:
+ 8.05%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 4411 - BRADLEY, ME
MSA Pop: 146982Zip Pop: 1242
Avg Value: 74000
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.912591
Long: -68.624394