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 + 57.79% (+ 5.78% yearly) from 1994 to 2003.

During the same time period, CT had + 59.56% (+ 5.96% yearly). From 1994 to 2003, Connecticut outperformed the individual New Haven Milford, Connecticut MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

New-Haven-Milford-CT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 Derby, Connecticut 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 New Haven Milford, Connecticut.

If you were going to do a Derby, Connecticut Refinance, or Derby, Connecticut Reverse Mortgages, you could estimate your home value.

If you knew your Derby, Connecticut home was worth $97,000.00 in 1994, you could multiply by + 57.79%, add the gain and see the home should be worth $153,054.59 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1994 to 2003:
+ 5.78%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Midland-TX lost - 22.05% from 1984 thru 1993
  2. Lafayette-LA lost - 21.25% from 1983 thru 1992

Zip Code in MSA: 6418 - DERBY, CT

MSA Pop: 841873
Zip Pop: 12391
Avg Value: 132000
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.3815
Long: -73.0779