Real Estate Appreciation for Blacksburg Christiansburg Radford, Virginia: + 21.72%
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 OnlyPlease Select One
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 .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- 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 .
- Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
- Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
- Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
- Greeley-CO increased + 50.51% from 1993 to the end of 1997
- Logan-UT-ID increased + 49.89% from 1993 to the end of 1997
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