Real Estate Appreciation for Blacksburg Christiansburg Radford, Virginia: + 79.57%
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 + 79.57% (+ 6.63% yearly) between 1993 and the end of 2004.
The state of VA had + 91.42% total appreciation (+ 7.62% yearly).
The state average for VIrginia was higher than the real estate appreciation in the Blacksburg Christiansburg Radford, Virginia MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 14.89% faster than this MSA.
Blacksburg-Christiansburg-Radford-VA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Blacksburg Christiansburg Radford, Virginia .
Lets look at Christiansburg, 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 Christiansburg, 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 $97,000.00 in 1993, you could multiply by + 79.57%, add the gain and see the home should be worth $174,187.37 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1993 to 2004:
+ 6.63%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2004 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and Ocean-City-NJ .
- Barnstable-Town-MA increased +183.32% from 1993 to the end of 2004
- Salinas-CA increased +182.48% from 1993 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +170.10% from 1993 to the end of 2004
- Napa-CA increased +156.08% from 1993 to the end of 2004
- Ocean-City-NJ increased +153.55% from 1993 to the end of 2004
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
Zip Code in MSA: 24073 - CHRISTIANSBURG, VA
MSA Pop: 152606Zip Pop: 25200
Avg Value: 93900
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.136618
Long: -80.403829