Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Buffalo Niagara Falls, New York: + 0.36%
  • State of NY: + 21.09%
  • Difference: - 98.31%

Buffalo-Niagara-Falls-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1998 2 105.38 - 0.96% - 3.83%
1998 3 105.3 - 0.08% - 0.30%
1998 4 106.2 + 0.85% + 3.42%
1999 1 106.72 + 0.49% + 1.96%
1999 2 105.39 - 1.25% - 4.99%
1999 3 104.29 - 1.04% - 4.17%
1999 4 103.75 - 0.52% - 2.07%
2000 1 103.85 + 0.10% + 0.39%
2000 2 105.45 + 1.54% + 6.16%
2000 3 106.68 + 1.17% + 4.67%
2000 4 106.78 + 0.09% + 0.37%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Akron, New York click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Buffalo Niagara Falls, New York.

If you were going to do a Akron, New York Refinance, or Akron, New York Reverse Mortgages, you could estimate your home value.

If you knew your Akron, New York home was worth $98,000.00 in 1998, you could multiply by + 0.36%, add the gain and see the home should be worth $98,350.00 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1998 to 2000:
+ 0.12%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 14001 - AKRON, NY

MSA Pop: 1159443
Zip Pop: 9289
Avg Value: 93900
County: ERIE
Elev: 583
Region: Northeast
Lat: 43.019552
Long: -78.510341