Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 22.05%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bridgeport Stamford Norwalk, Connecticut MSA appreciated + 22.05% (+ 11.02% yearly) between 2003 and the end of 2004.
The state of CT had + 21.53% total appreciation (+ 10.76% yearly).
The Bridgeport Stamford Norwalk, Connecticut MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 2.42% faster than the state as a whole.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 174.88 | + 1.46% | + 5.85% |
| 2003 | 3 | 178.72 | + 2.20% | + 8.78% |
| 2003 | 4 | 185.69 | + 3.90% | + 15.60% |
| 2004 | 1 | 188.56 | + 1.55% | + 6.18% |
| 2004 | 2 | 194.92 | + 3.37% | + 13.49% |
| 2004 | 3 | 206.95 | + 6.17% | + 24.69% |
| 2004 | 4 | 210.36 | + 1.65% | + 6.59% |
Some of the ways peope use our appreciation data for Bridgeport Stamford Norwalk, Connecticut include real estate investment .
Lets look at Botsford, Connecticut, a city located in Bridgeport Stamford Norwalk, Connecticut 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 Connecticut check out Spec-Loan.com
If you were going to do a Botsford, Connecticut Refinance, or Botsford, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Botsford, Connecticut home was worth $107,000.00 in 2003, you could multiply by + 22.05%, add the gain and see the home should be worth $130,590.16 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 2003 to 2004:
+ 11.02%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 6404 - BOTSFORD, CT
MSA Pop: 899152Zip Pop: 0
Avg Value: 0
County: FAIRFIELD
Elev: 9
Region: Northeast
Lat: 41.36243
Long: -73.212589