Real Estate Appreciation for Buffalo Niagara Falls, New York: + 6.48%
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: + 6.48%
- State of NY: + 32.71%
- Difference: - 80.18%
Buffalo-Niagara-Falls-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 110.15 | + 3.16% | + 12.62% |
| 2001 | 2 | 110.87 | + 0.65% | + 2.61% |
| 2001 | 3 | 111.83 | + 0.87% | + 3.46% |
| 2001 | 4 | 113.3 | + 1.31% | + 5.26% |
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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 $99,000.00 in 1998, you could multiply by + 6.48%, add the gain and see the home should be worth $105,420.11 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1998 to 2001:
+ 1.62%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
In contrast, the worst 5 MSAs from 1998 to 2001 were Wenatchee-WA, Midland-TX, Albuquerque-NM, Grand-Forks-ND-MN, and Springfield-IL .
- Wenatchee-WA only increased + 5.36% between 1998 and 2001
- Midland-TX only increased + 5.49% between 1998 and 2001
- Albuquerque-NM only increased + 5.79% between 1998 and 2001
- Grand-Forks-ND-MN only increased + 6.02% between 1998 and 2001
- Springfield-IL only increased + 6.24% between 1998 and 2001
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