Real Estate Appreciation for Blacksburg Christiansburg Radford, Virginia: + 29.62%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Blacksburg Christiansburg Radford, Virginia did compared to the state as a whole.
The Blacksburg Christiansburg Radford, Virginia MSA property value change was + 29.62% (+ 4.94% yearly).
All of the property in VA averaged + 24.47% change in value (+ 4.08% yearly).
Blacksburg-Christiansburg-Radford-VA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Blacksburg Christiansburg Radford, Virginia include real estate investment .
Lets look at Blacksburg, 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 Blacksburg, VIrginia Refinance, or Blacksburg, VIrginia Reverse Mortgages, you could estimate your home value.
If you knew your Blacksburg, VIrginia home was worth $95,000.00 in 1995, you could multiply by + 29.62%, add the gain and see the home should be worth $123,139.00 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1995 to 2000:
+ 4.94%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Denver-Aurora-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +101.99% from 1995 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 79.90% from 1995 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 65.27% from 1995 to the end of 2000
- Barnstable-Town-MA increased + 64.91% from 1995 to the end of 2000
- Denver-Aurora-CO increased + 61.62% from 1995 to the end of 2000
In contrast, the worst 5 MSAs from 1995 to 2000 were Honolulu-HI, Utica-Rome-NY, El-Paso-TX, Buffalo-Niagara-Falls-NY, and Visalia-Porterville-CA .
- Honolulu-HI decreased by - 11.52% between 1995 and 2000
- Utica-Rome-NY only increased + 6.07% between 1995 and 2000
- El-Paso-TX only increased + 6.73% between 1995 and 2000
- Buffalo-Niagara-Falls-NY only increased + 6.78% between 1995 and 2000
- Visalia-Porterville-CA only increased + 7.37% between 1995 and 2000
Zip Code in MSA: 24062 - BLACKSBURG, VA
MSA Pop: 152606Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.2294
Long: -80.4141