Real Estate Appreciation for Blacksburg Christiansburg Radford, Virginia: + 20.97%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Blacksburg Christiansburg Radford, Virginia: + 20.97%
- State of VA: + 24.72%
- Difference: - 15.16%
Blacksburg-Christiansburg-Radford-VA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 114.35 | + 1.30% | + 5.21% |
| 1998 | 3 | 115.27 | + 0.80% | + 3.22% |
| 1998 | 4 | 116.07 | + 0.69% | + 2.78% |
| 1999 | 1 | 115.88 | - 0.16% | - 0.65% |
| 1999 | 2 | 120.87 | + 4.31% | + 17.22% |
| 1999 | 3 | 123.09 | + 1.84% | + 7.35% |
| 1999 | 4 | 121.97 | - 0.91% | - 3.64% |
| 2000 | 1 | 126.36 | + 3.60% | + 14.40% |
| 2000 | 2 | 126.05 | - 0.25% | - 0.98% |
| 2000 | 3 | 128.31 | + 1.79% | + 7.17% |
| 2000 | 4 | 129.62 | + 1.02% | + 4.08% |
| 2001 | 1 | 132.26 | + 2.04% | + 8.15% |
| 2001 | 2 | 134.75 | + 1.88% | + 7.53% |
| 2001 | 3 | 135.13 | + 0.28% | + 1.13% |
| 2001 | 4 | 136.55 | + 1.05% | + 4.20% |
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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 $99,000.00 in 1998, you could multiply by + 20.97%, add the gain and see the home should be worth $119,759.48 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 1998 to 2001:
+ 5.24%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 24061 - BLACKSBURG, VA
MSA Pop: 152606Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.255726
Long: -80.431498