Real Estate Appreciation for Barnstable Town, Massachusettes: + 29.22%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Barnstable Town, Massachusettes MSA appreciated + 29.22% (+ 14.61% yearly) for the period between 2001 and the end of 2002.
The state had + 21.99% total appreciation (+ 10.99% yearly).
The Barnstable Town, Massachusettes MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Barnstable-Town-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 176.16 | + 3.70% | + 14.79% |
| 2001 | 3 | 182.99 | + 3.88% | + 15.51% |
| 2001 | 4 | 187.81 | + 2.63% | + 10.54% |
| 2002 | 1 | 196.38 | + 4.56% | + 18.25% |
| 2002 | 2 | 205.48 | + 4.63% | + 18.54% |
| 2002 | 3 | 213.54 | + 3.92% | + 15.69% |
| 2002 | 4 | 219.52 | + 2.80% | + 11.20% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Buzzards Bay, Massachusettes click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Barnstable Town, Massachusettes.
If you were going to do a Buzzards Bay, Massachusettes Refinance, or Buzzards Bay, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Buzzards Bay, Massachusettes home was worth $103,000.00 in 2001, you could multiply by + 29.22%, add the gain and see the home should be worth $133,097.25 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Barnstable-Town-MA from 2001 to 2002:
+ 14.61%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2001 to 2002 were Jacksonville-NC, Provo-Orem-UT, Ogden-Clearfield-UT, Lewiston-ID-WA, and Columbus-IN .
- Jacksonville-NC only increased + 1.98% between 2001 and 2002
- Provo-Orem-UT only increased + 2.30% between 2001 and 2002
- Ogden-Clearfield-UT only increased + 2.59% between 2001 and 2002
- Lewiston-ID-WA only increased + 2.59% between 2001 and 2002
- Columbus-IN only increased + 2.60% between 2001 and 2002
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 2532 - BUZZARDS BAY, MA
MSA Pop: 229545Zip Pop: 14873
Avg Value: 153200
County: BARNSTABLE
Elev: 37
Region: Northeast
Lat: 41.74104
Long: -70.58892