Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Blacksburg Christiansburg Radford, Virginia MSA appreciated + 21.72% (+ 4.34% yearly) between 1993 and the end of 1997.

The state of VA had + 8.42% total appreciation (+ 1.68% yearly). The Blacksburg Christiansburg Radford, Virginia MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated +157.99% faster than the state as a whole.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1994-1997 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Blacksburg Christiansburg Radford, Virginia include real estate investment .

Lets look at Blacksburg, VIrginia, a city located in Blacksburg Christiansburg Radford, Virginia 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 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 $90,000.00 in 1993, you could multiply by + 21.72%, add the gain and see the home should be worth $109,547.20 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1993 to 1997:
+ 4.34%

Appreciation Comparisons

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .

  1. Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
  2. Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
  3. Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
  4. Greeley-CO increased + 50.51% from 1993 to the end of 1997
  5. Logan-UT-ID increased + 49.89% from 1993 to the end of 1997

Zip Code in MSA: 24061 - BLACKSBURG, VA

MSA Pop: 152606
Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.255726
Long: -80.431498