Real Estate Appreciation for Buffalo Niagara Falls, New York: + 44.57%
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 + 44.57% (+ 2.97% yearly) for the Buffalo Niagara Falls, New York MSA.
The entire state of NY had +128.58% appreciation (+ 8.57% 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 +188.49%.
Buffalo-Niagara-Falls-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Clarence, New York, a city located in Buffalo Niagara Falls, New York 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 Clarence, New York Refinance, or Clarence, New York Reverse Mortgages, you could estimate your home value.
If you knew your Clarence, New York home was worth $98,000.00 in 1992, you could multiply by + 44.57%, add the gain and see the home should be worth $141,678.60 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1992 to 2006:
+ 2.97%
Appreciation Comparisons
The worst perfoming MSAs ever for a 15 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Midland-TX .
- Midland-TX lost - 26.77% from 1982 to 1996
- Midland-TX lost - 20.17% from 1983 thru 1997
- Midland-TX lost - 11.70% from 1984 thru 1998
- Odessa-TX lost - 9.94% from 1984 thru 1998
- Midland-TX lost - 5.77% from 1986 thru 2000
The top 5 performing MSAs from 1992 to 2006 were Bend-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Salinas-CA, Flagstaff-AZ-UT, and Medford-OR .
- Bend-OR increased +248.24% from 1992 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +244.55% from 1992 to the end of 2006
- Salinas-CA increased +242.54% from 1992 to the end of 2006
- Flagstaff-AZ-UT increased +240.43% from 1992 to the end of 2006
- Medford-OR increased +232.88% from 1992 to the end of 2006
Zip Code in MSA: 14031 - CLARENCE, NY
MSA Pop: 1159443Zip Pop: 8769
Avg Value: 144600
County: ERIE
Elev: 583
Region: Northeast
Lat: 42.982352
Long: -78.618701