Appreciation for MSAs:.

Let's start by comparing Blacksburg Christiansburg Radford, Virginia to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 42.43% (+ 8.49% yearly) for the Blacksburg Christiansburg Radford, Virginia MSA.

The entire state of VA had + 74.80% appreciation (+ 14.96% yearly). The state average for VIrginia was higher than the real estate appreciation in the Blacksburg Christiansburg Radford, Virginia MSA. This means the conditions in the MSA for real estate investment were worse by + 76.30%.

Blacksburg-Christiansburg-Radford-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation


If you need information on Hard Money Rehab Loans in Blacksburg, VIrginia look at 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 $108,000.00 in 2002, you could multiply by + 42.43%, add the gain and see the home should be worth $153,820.30 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Blacksburg-Christiansburg-Radford-VA from 2002 to 2006:
+ 8.49%

Appreciation Comparisons

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

The top 5 performing MSAs from 2002 to 2006 were Bakersfield-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, Fresno-CA, and Naples-Marco-Island-FL .

  1. Bakersfield-CA increased +135.54% from 2002 to the end of 2006
  2. Madera-CA increased +131.62% from 2002 to the end of 2006
  3. Riverside-San-Bernardino-Ontario-CA increased +130.28% from 2002 to the end of 2006
  4. Fresno-CA increased +126.76% from 2002 to the end of 2006
  5. Naples-Marco-Island-FL increased +121.87% from 2002 to the end of 2006

Zip Code in MSA: 24061 - BLACKSBURG, VA

MSA Pop: 152606
Zip Pop: 0
Avg Value: 0
County: MONTGOMERY
Elev: 2007
Region: South
Lat: 37.255726
Long: -80.431498