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 + 99.31% (+ 8.28% yearly) from 1994 to 2005.

During the same time period, VA had +125.71% (+ 10.48% yearly). From 1994 to 2005, VIrginia outperformed the individual Blacksburg Christiansburg Radford, Virginia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


Lets look at Christiansburg, VIrginia, a city located in Blacksburg Christiansburg Radford, Virginia MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $99,000.00 in 1994, you could multiply by + 99.31%, add the gain and see the home should be worth $197,317.83 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1994 to 2005:
+ 8.28%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, and Merced-CA .

  1. Salinas-CA increased +253.01% from 1994 to the end of 2005
  2. San-Diego-Carlsbad-San-Marcos-CA increased +208.52% from 1994 to the end of 2005
  3. Barnstable-Town-MA increased +205.79% from 1994 to the end of 2005
  4. San-Jose-Sunnyvale-Santa-Clara-CA increased +203.84% from 1994 to the end of 2005
  5. Merced-CA increased +203.54% from 1994 to the end of 2005

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