Real Estate Appreciation for Buffalo Niagara Falls, New York: + 18.01%
Appreciation for MSAs:.
Let's start by comparing Buffalo Niagara Falls, New York 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 + 18.01% (+ 1.64% yearly) for the Buffalo Niagara Falls, New York MSA.
The entire state of NY had + 54.23% appreciation (+ 4.93% yearly).
The state average for New York was higher than the real estate appreciation in the Buffalo Niagara Falls, New York MSA. This means the conditions in the MSA for real estate investment were worse by +201.11%.
Buffalo-Niagara-Falls-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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If you were going to do a Bowmansville, New York Refinance, or Bowmansville, New York Reverse Mortgages, you could estimate your home value.
If you knew your Bowmansville, New York home was worth $94,000.00 in 1992, you could multiply by + 18.01%, add the gain and see the home should be worth $110,929.40 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1992 to 2002:
+ 1.64%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
Zip Code in MSA: 14026 - BOWMANSVILLE, NY
MSA Pop: 1159443Zip Pop: 722
Avg Value: 105000
County: ERIE
Elev: 583
Region: Northeast
Lat: 42.9425
Long: -78.6892