Real Estate Appreciation for New Haven Milford, Connecticut: + 8.98%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how New Haven Milford, Connecticut did compared to the state as a whole.
The New Haven Milford, Connecticut MSA property value change was + 8.98% (+ 4.49% yearly).
All of the property in CT averaged + 8.24% change in value (+ 4.12% yearly).
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 102.13 | - 0.06% | - 0.23% |
| 1997 | 3 | 103.62 | + 1.46% | + 5.84% |
| 1997 | 4 | 105.27 | + 1.59% | + 6.37% |
| 1998 | 1 | 108.06 | + 2.65% | + 10.60% |
| 1998 | 2 | 108.14 | + 0.07% | + 0.30% |
| 1998 | 3 | 109.51 | + 1.27% | + 5.07% |
| 1998 | 4 | 111.37 | + 1.70% | + 6.79% |
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 Ansonia, 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 Ansonia, Connecticut Refinance, or Ansonia, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Ansonia, Connecticut home was worth $95,000.00 in 1997, you could multiply by + 8.98%, add the gain and see the home should be worth $103,534.10 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1997 to 1998:
+ 4.49%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 6401 - ANSONIA, CT
MSA Pop: 841873Zip Pop: 18554
Avg Value: 139500
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.342565
Long: -73.073237