Real Estate Appreciation for New Haven Milford, Connecticut: +109.80%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze New Haven Milford, Connecticut MSA appreciation it was +109.80% (+ 21.96% yearly) from 1984 to 1988.
During the same time period, CT had +102.97% (+ 20.59% yearly).
You can see that the New Haven Milford, Connecticut MSA experienced higher appreciation in this case.
New-Haven-Milford-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1985-1988 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for New Haven Milford, Connecticut .
Lets look at Cheshire, Connecticut, a city located in New Haven Milford, Connecticut 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 Cheshire, Connecticut check out Spec-Loan.com
If you were going to do a Cheshire, Connecticut Refinance, or Cheshire, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Cheshire, Connecticut home was worth $72,000.00 in 1984, you could multiply by +109.80%, add the gain and see the home should be worth $151,055.28 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1984 to 1988:
+ 21.96%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1984 to 1988 were Lafayette-LA, Casper-WY, Odessa-TX, Oklahoma-City-OK, and Midland-TX .
- Lafayette-LA decreased by - 37.20% between 1984 and 1988
- Casper-WY decreased by - 26.37% between 1984 and 1988
- Odessa-TX decreased by - 24.76% between 1984 and 1988
- Oklahoma-City-OK decreased by - 24.58% between 1984 and 1988
- Midland-TX decreased by - 23.76% between 1984 and 1988
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 6408 - CHESHIRE, CT
MSA Pop: 841873Zip Pop: 0
Avg Value: 0
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.498889
Long: -72.901111