Real Estate Appreciation for New Haven Milford, Connecticut: + 69.27%
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 New Haven Milford, Connecticut MSA appreciated + 69.27% (+ 11.55% yearly) for the period between 1999 and the end of 2004.
The state had + 67.12% total appreciation (+ 11.19% yearly).
The New Haven Milford, Connecticut MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
New-Haven-Milford-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 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 $103,000.00 in 1999, you could multiply by + 69.27%, add the gain and see the home should be worth $174,351.60 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1999 to 2004:
+ 11.55%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2004 were Ogden-Clearfield-UT, Provo-Orem-UT, Jackson-TN, Lafayette-IN, and Columbus-IN .
- Ogden-Clearfield-UT only increased + 8.27% between 1999 and 2004
- Provo-Orem-UT only increased + 12.04% between 1999 and 2004
- Jackson-TN only increased + 12.75% between 1999 and 2004
- Lafayette-IN only increased + 13.11% between 1999 and 2004
- Columbus-IN only increased + 13.36% between 1999 and 2004
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
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