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 + 26.24% (+ 5.25% yearly) for the period between 2001 and the end of 2005.

The state had + 70.99% total appreciation (+ 14.20% 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 +170.57% faster than this MSA.

Buffalo-Niagara-Falls-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation


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 Alden, 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 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 $106,000.00 in 2001, you could multiply by + 26.24%, add the gain and see the home should be worth $133,811.17 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 2001 to 2005:
+ 5.25%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2005 were Fresno-CA, Madera-CA, Yuba-City-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Fresno-CA increased +137.23% from 2001 to the end of 2005
  2. Madera-CA increased +136.99% from 2001 to the end of 2005
  3. Yuba-City-CA increased +136.08% from 2001 to the end of 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +133.38% from 2001 to the end of 2005
  5. Bakersfield-CA increased +131.89% from 2001 to the end of 2005

In contrast, the worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .

  1. Lafayette-IN only increased + 9.24% between 2001 and 2005
  2. Burlington-NC only increased + 9.68% between 2001 and 2005
  3. Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
  4. Decatur-AL only increased + 12.39% between 2001 and 2005
  5. Jonesboro-AR only increased + 12.46% between 2001 and 2005

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