Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Blacksburg Christiansburg Radford, Virginia MSA appreciation it was + 31.32% (+ 5.22% yearly) from 1994 to 1999.

During the same time period, VA had + 15.08% (+ 2.51% yearly). You can see that the Blacksburg Christiansburg Radford, Virginia MSA experienced higher appreciation in this case.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1996-1999 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Blacksburg-Christiansburg-Radford-VA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in VIrginia, you can do some research at 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 $93,000.00 in 1994, you could multiply by + 31.32%, add the gain and see the home should be worth $122,127.58 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1994 to 1999:
+ 5.22%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 1999 were Honolulu-HI, Bakersfield-CA, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Syracuse-NY .

  1. Honolulu-HI decreased by - 16.68% between 1994 and 1999
  2. Bakersfield-CA decreased by - 4.49% between 1994 and 1999
  3. Albany-Schenectady-Troy-NY decreased by - 4.09% between 1994 and 1999
  4. Utica-Rome-NY decreased by - 3.85% between 1994 and 1999
  5. Syracuse-NY decreased by - 1.70% between 1994 and 1999

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 24062 - BLACKSBURG, VA

MSA Pop: 152606
Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.2294
Long: -80.4141