Real Estate Appreciation for Buffalo Niagara Falls, New York: + 3.75%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Buffalo Niagara Falls, New York did compared to the state as a whole.
The Buffalo Niagara Falls, New York MSA property value change was + 3.75% (+ 0.75% yearly).
All of the property in NY averaged + 20.94% change in value (+ 4.19% yearly).
Buffalo-Niagara-Falls-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Buffalo Niagara Falls, New York .
Lets look at Alden, New York, a city located in Buffalo Niagara Falls, New York MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Alden, New York check out Spec-Loan.com
If you were going to do a Alden, New York Refinance, or Alden, New York Reverse Mortgages, you could estimate your home value.
If you knew your Alden, New York home was worth $94,000.00 in 1995, you could multiply by + 3.75%, add the gain and see the home should be worth $97,525.00 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1995 to 1999:
+ 0.75%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1999 were Honolulu-HI, Bakersfield-CA, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Madera-CA .
- Honolulu-HI decreased by - 15.07% between 1995 and 1999
- Bakersfield-CA only increased + 2.63% between 1995 and 1999
- Utica-Rome-NY only increased + 2.95% between 1995 and 1999
- Albany-Schenectady-Troy-NY only increased + 3.11% between 1995 and 1999
- Madera-CA only increased + 3.11% between 1995 and 1999
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 14004 - ALDEN, NY
MSA Pop: 1159443Zip Pop: 12241
Avg Value: 99500
County: ERIE
Elev: 583
Region: Northeast
Lat: 42.900552
Long: -78.524452