Appreciation for MSAs:.

Let's start by comparing Bangor, Maine to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 53.44% (+ 10.69% yearly) for the Bangor, Maine MSA.

The entire state of ME had + 52.90% appreciation (+ 10.58% yearly). The Bangor, Maine MSA beat out the state. by + 1.01% appreciation.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 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 $108,000.00 in 2002, you could multiply by + 53.44%, add the gain and see the home should be worth $165,712.13 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 2002 to 2006:
+ 10.69%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  2. Anchorage-AK lost - 30.21% from 1985 thru 1989

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