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 + 66.63% (+ 6.06% yearly) between 1993 and the end of 2003.

The state of VA had + 63.33% total appreciation (+ 5.76% yearly). The Blacksburg Christiansburg Radford, Virginia MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 5.20% faster than the state as a whole.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
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 Christiansburg, 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 Christiansburg, VIrginia Refinance, or Christiansburg, VIrginia Reverse Mortgages, you could estimate your home value.

If you knew your Christiansburg, VIrginia home was worth $96,000.00 in 1993, you could multiply by + 66.63%, add the gain and see the home should be worth $159,961.41 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1993 to 2003:
+ 6.06%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2003 were Barnstable-Town-MA, Denver-Aurora-CO, Boulder-CO, Fort-Collins-Loveland-CO, and Salinas-CA .

  1. Barnstable-Town-MA increased +148.94% from 1993 to the end of 2003
  2. Denver-Aurora-CO increased +122.85% from 1993 to the end of 2003
  3. Boulder-CO increased +122.44% from 1993 to the end of 2003
  4. Fort-Collins-Loveland-CO increased +119.70% from 1993 to the end of 2003
  5. Salinas-CA increased +118.69% from 1993 to the end of 2003

In contrast, the worst 5 MSAs from 1993 to 2003 were Binghamton-NY, Honolulu-HI, Rochester-NY, Elmira-NY, and Utica-Rome-NY .

  1. Binghamton-NY only increased + 13.04% between 1993 and 2003
  2. Honolulu-HI only increased + 15.17% between 1993 and 2003
  3. Rochester-NY only increased + 20.38% between 1993 and 2003
  4. Elmira-NY only increased + 20.39% between 1993 and 2003
  5. Utica-Rome-NY only increased + 20.41% between 1993 and 2003

Zip Code in MSA: 24073 - CHRISTIANSBURG, VA

MSA Pop: 152606
Zip Pop: 25200
Avg Value: 93900
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.136618
Long: -80.403829