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 + 36.55% (+ 5.22% yearly).

All of the property in VA averaged + 35.36% change in value (+ 5.05% yearly).

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


Lets look at Blacksburg, 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 Blacksburg, VIrginia Refinance, or Blacksburg, VIrginia Reverse Mortgages, you could estimate your home value.

If you knew your Blacksburg, VIrginia home was worth $96,000.00 in 1995, you could multiply by + 36.55%, add the gain and see the home should be worth $131,088.00 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1995 to 2001:
+ 5.22%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1995 to 2001 were Honolulu-HI, Odessa-TX, Lawton-OK, El-Paso-TX, and Buffalo-Niagara-Falls-NY .

  1. Honolulu-HI decreased by - 5.27% between 1995 and 2001
  2. Odessa-TX only increased + 11.46% between 1995 and 2001
  3. Lawton-OK only increased + 11.56% between 1995 and 2001
  4. El-Paso-TX only increased + 12.88% between 1995 and 2001
  5. Buffalo-Niagara-Falls-NY only increased + 13.30% between 1995 and 2001

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

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