Real Estate Appreciation for Cumberland, Maryland, West Virginia: + 47.03%
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 Cumberland, Maryland, West Virginia MSA appreciation it was + 47.03% (+ 7.84% yearly) from 2000 to 2005.
During the same time period, MD had +108.82% (+ 18.14% yearly).
From 2000 to 2005, Maryland outperformed the individual Cumberland, Maryland, West Virginia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Cumberland-MD-WV
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Cumberland, Maryland, West Virginia .
Lets look at Cumberland, Maryland, a city located in Cumberland, Maryland, West Virginia 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 Cumberland, Maryland check out Spec-Loan.com
If you were going to do a Cumberland, Maryland Refinance, or Cumberland, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Cumberland, Maryland home was worth $105,000.00 in 2000, you could multiply by + 47.03%, add the gain and see the home should be worth $154,385.01 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 2000 to 2005:
+ 7.84%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2005 were Merced-CA, Modesto-CA, Yuba-City-CA, Naples-Marco-Island-FL, and Salinas-CA .
- Merced-CA increased +172.57% from 2000 to the end of 2005
- Modesto-CA increased +166.23% from 2000 to the end of 2005
- Yuba-City-CA increased +164.17% from 2000 to the end of 2005
- Naples-Marco-Island-FL increased +160.43% from 2000 to the end of 2005
- Salinas-CA increased +160.00% from 2000 to the end of 2005
In contrast, the worst 5 MSAs from 2000 to 2005 were Lafayette-IN, Burlington-NC, Jonesboro-AR, Jackson-TN, and Decatur-AL .
- Lafayette-IN only increased + 12.89% between 2000 and 2005
- Burlington-NC only increased + 15.79% between 2000 and 2005
- Jonesboro-AR only increased + 16.76% between 2000 and 2005
- Jackson-TN only increased + 17.68% between 2000 and 2005
- Decatur-AL only increased + 17.80% between 2000 and 2005
Zip Code in MSA: 21503 - CUMBERLAND, MD
MSA Pop: 100815Zip Pop: 0
Avg Value: 0
County: ALLEGANY
Elev: 641
Region: South
Lat: 39.6504
Long: -78.75738