Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Buffalo Niagara Falls, New York MSA appreciated + 19.35% (+ 4.84% yearly) for the period between 2001 and the end of 2004.

The state had + 50.81% total appreciation (+ 12.70% yearly). The state average for New York was higher than the real estate appreciation in the Buffalo Niagara Falls, New York MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +162.63% faster than this MSA.

Buffalo-Niagara-Falls-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2004 1 125.19 + 0.89% + 3.55%
2004 2 127.64 + 1.96% + 7.83%
2004 3 129.59 + 1.53% + 6.11%
2004 4 131.46 + 1.44% + 5.77%


If you need information on Hard Money Rehab Loans in Alden, New York look at 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 $105,000.00 in 2001, you could multiply by + 19.35%, add the gain and see the home should be worth $125,313.66 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 2001 to 2004:
+ 4.84%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
  2. Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
  3. Fresno-CA increased + 90.07% from 2001 to the end of 2004
  4. Madera-CA increased + 89.58% from 2001 to the end of 2004
  5. San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004

In contrast, the worst 5 MSAs from 2001 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Austin-Round-Rock-TX, Provo-Orem-UT, and Columbus-IN .

  1. Ogden-Clearfield-UT only increased + 5.61% between 2001 and 2004
  2. Jackson-TN only increased + 5.91% between 2001 and 2004
  3. Austin-Round-Rock-TX only increased + 5.99% between 2001 and 2004
  4. Provo-Orem-UT only increased + 6.69% between 2001 and 2004
  5. Columbus-IN only increased + 7.56% between 2001 and 2004

Zip Code in MSA: 14004 - ALDEN, NY

MSA Pop: 1159443
Zip Pop: 12241
Avg Value: 99500
County: ERIE
Elev: 583
Region: Northeast
Lat: 42.900552
Long: -78.524452