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 + 39.56% (+ 5.65% yearly) from 1994 to 2000.

During the same time period, VA had + 23.27% (+ 3.32% 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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1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Blacksburg Christiansburg Radford, Virginia .

Lets look at Blacksburg, 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 Blacksburg, 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 $94,000.00 in 1994, you could multiply by + 39.56%, add the gain and see the home should be worth $131,183.03 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1994 to 2000:
+ 5.65%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Boulder-CO, and Fort-Collins-Loveland-CO .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 99.95% from 1994 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 78.38% from 1994 to the end of 2000
  3. Denver-Aurora-CO increased + 76.10% from 1994 to the end of 2000
  4. Boulder-CO increased + 69.24% from 1994 to the end of 2000
  5. Fort-Collins-Loveland-CO increased + 62.77% from 1994 to the end of 2000

In contrast, the worst 5 MSAs from 1994 to 2000 were Honolulu-HI, Utica-Rome-NY, Albany-Schenectady-Troy-NY, Bakersfield-CA, and Binghamton-NY .

  1. Honolulu-HI decreased by - 13.20% between 1994 and 2000
  2. Utica-Rome-NY decreased by - 0.93% between 1994 and 2000
  3. Albany-Schenectady-Troy-NY only increased + 0.49% between 1994 and 2000
  4. Bakersfield-CA only increased + 1.73% between 1994 and 2000
  5. Binghamton-NY only increased + 1.91% between 1994 and 2000

Zip Code in MSA: 24063 - BLACKSBURG, VA

MSA Pop: 152606
Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.228237
Long: -80.417482