Real Estate Appreciation for Blacksburg Christiansburg Radford, Virginia: + 14.34%
Appreciation for MSAs:.
Let's start by comparing Blacksburg Christiansburg Radford, Virginia 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 + 14.34% (+ 3.59% yearly) for the Blacksburg Christiansburg Radford, Virginia MSA.
The entire state of VA had + 4.75% appreciation (+ 1.19% yearly).
The Blacksburg Christiansburg Radford, Virginia MSA beat out the state. by +201.66% appreciation.
Blacksburg-Christiansburg-Radford-VA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1992 | 2 | 87.82 | + 0.27% | + 1.10% |
| 1992 | 3 | 89.09 | + 1.45% | + 5.78% |
| 1992 | 4 | 91.01 | + 2.16% | + 8.62% |
| 1993 | 1 | 91.21 | + 0.22% | + 0.88% |
| 1993 | 2 | 91.38 | + 0.19% | + 0.75% |
| 1993 | 3 | 93.12 | + 1.90% | + 7.62% |
| 1993 | 4 | 93.75 | + 0.68% | + 2.71% |
| 1994 | 1 | 92.88 | - 0.93% | - 3.71% |
| 1994 | 2 | 95.74 | + 3.08% | + 12.32% |
| 1994 | 3 | 95.21 | - 0.55% | - 2.21% |
| 1994 | 4 | 97.52 | + 2.43% | + 9.70% |
| 1995 | 1 | 100 | + 2.54% | + 10.17% |
| 1995 | 2 | 98.66 | - 1.34% | - 5.36% |
| 1995 | 3 | 100.65 | + 2.02% | + 8.07% |
| 1995 | 4 | 100.14 | - 0.51% | - 2.03% |
There are a lot of ways to use the appreciation data for Blacksburg Christiansburg Radford, Virginia .
Lets look at Blacksburg, VIrginia, a city located in Blacksburg Christiansburg Radford, Virginia 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 Blacksburg, VIrginia check out Spec-Loan.com
If you were going to do a Blacksburg, VIrginia Refinance, or Blacksburg, VIrginia Reverse Mortgages, you could estimate your home value.
If you knew your Blacksburg, VIrginia home was worth $87,000.00 in 1992, you could multiply by + 14.34%, add the gain and see the home should be worth $99,476.82 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1992 to 1995:
+ 3.59%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Corvallis-OR, Ogden-Clearfield-UT, and Boulder-CO .
- Salt-Lake-City-UT increased + 58.28% from 1992 to the end of 1995
- Provo-Orem-UT increased + 57.01% from 1992 to the end of 1995
- Corvallis-OR increased + 52.37% from 1992 to the end of 1995
- Ogden-Clearfield-UT increased + 49.28% from 1992 to the end of 1995
- Boulder-CO increased + 47.51% from 1992 to the end of 1995
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 24061 - BLACKSBURG, VA
MSA Pop: 152606Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.255726
Long: -80.431498