Real Estate Appreciation for Buffalo Niagara Falls, New York: + 19.49%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Buffalo Niagara Falls, New York MSA appreciation it was + 19.49% (+ 4.87% yearly) from 2000 to 2003.
During the same time period, NY had + 46.72% (+ 11.68% yearly).
From 2000 to 2003, New York outperformed the individual Buffalo Niagara Falls, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Buffalo-Niagara-Falls-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 114.52 | + 1.08% | + 4.31% |
| 2002 | 2 | 115.1 | + 0.51% | + 2.03% |
| 2002 | 3 | 116.63 | + 1.33% | + 5.32% |
| 2002 | 4 | 118.01 | + 1.18% | + 4.73% |
| 2003 | 1 | 119.02 | + 0.86% | + 3.42% |
| 2003 | 2 | 120.06 | + 0.87% | + 3.50% |
| 2003 | 3 | 121.8 | + 1.45% | + 5.80% |
| 2003 | 4 | 124.09 | + 1.88% | + 7.52% |
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 $103,000.00 in 2000, you could multiply by + 19.49%, add the gain and see the home should be worth $123,074.34 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 2000 to 2003:
+ 4.87%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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