Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 52.28%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Providence New Bedford Fall River, Rhode Island, Massachusettes MSA appreciated + 52.28% (+ 17.43% yearly) between 1983 and the end of 1985.
The state of RI had + 37.58% total appreciation (+ 12.53% yearly).
The Providence New Bedford Fall River, Rhode Island, Massachusettes MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 39.13% faster than the state as a whole.
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1983 | 2 | 46.3 | + 4.47% | + 17.87% |
| 1983 | 3 | 49.24 | + 6.35% | + 25.40% |
| 1983 | 4 | 50.88 | + 3.33% | + 13.32% |
| 1984 | 1 | 51.05 | + 0.33% | + 1.34% |
| 1984 | 2 | 52.69 | + 3.21% | + 12.85% |
| 1984 | 3 | 54.6 | + 3.62% | + 14.50% |
| 1984 | 4 | 56.05 | + 2.66% | + 10.62% |
| 1985 | 1 | 57.47 | + 2.53% | + 10.13% |
| 1985 | 2 | 60.56 | + 5.38% | + 21.51% |
| 1985 | 3 | 63.49 | + 4.84% | + 19.35% |
| 1985 | 4 | 67.49 | + 6.30% | + 25.20% |
Some of the ways peope use our appreciation data for Providence New Bedford Fall River, Rhode Island, Massachusettes include real estate investment .
Lets look at East Mansfield, Rhode Island, a city located in Providence New Bedford Fall River, Rhode Island, Massachusettes MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Rhode Island check out Spec-Loan.com
If you were going to do a East Mansfield, Rhode Island Refinance, or East Mansfield, Rhode Island Reverse Mortgages, you could estimate your home value.
If you knew your East Mansfield, Rhode Island home was worth $68,000.00 in 1983, you could multiply by + 52.28%, add the gain and see the home should be worth $103,549.64 in 1985. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 1983 to 1985:
+ 17.43%
Appreciation Comparisons
The top 5 performing MSAs from 1983 to 1985 were Worcester-MA, Manchester-Nashua-NH, Bridgeport-Stamford-Norwalk-CT, Providence-New-Bedford-Fall-River-RI-MA, and Poughkeepsie-Newburgh-Middletown-NY .
- Worcester-MA increased + 73.17% from 1983 to the end of 1985
- Manchester-Nashua-NH increased + 57.98% from 1983 to the end of 1985
- Bridgeport-Stamford-Norwalk-CT increased + 55.63% from 1983 to the end of 1985
- Providence-New-Bedford-Fall-River-RI-MA increased + 52.28% from 1983 to the end of 1985
- Poughkeepsie-Newburgh-Middletown-NY increased + 51.63% from 1983 to the end of 1985
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 2031 - EAST MANSFIELD, MA
MSA Pop: 1623172Zip Pop: 0
Avg Value: 0
County: BRISTOL
Elev: 30
Region: Northeast
Lat: 42.014266
Long: -71.185433