Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 91.25%
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 + 91.25% (+ 22.81% yearly) between 1983 and the end of 1986.
The state of RI had + 73.14% total appreciation (+ 18.28% 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 + 24.75% 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% |
| 1986 | 1 | 69.7 | + 3.27% | + 13.10% |
| 1986 | 2 | 73.65 | + 5.67% | + 22.67% |
| 1986 | 3 | 78.36 | + 6.40% | + 25.58% |
| 1986 | 4 | 84.76 | + 8.17% | + 32.67% |
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 East Mansfield, Rhode Island 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 Providence New Bedford Fall River, Rhode Island, Massachusettes.
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 $69,000.00 in 1983, you could multiply by + 91.25%, add the gain and see the home should be worth $131,959.39 in 1986. 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 1986:
+ 22.81%
Appreciation Comparisons
The worst 5 MSAs from 1983 to 1986 were Casper-WY, Grand-Junction-CO, Lafayette-LA, Midland-TX, and Houston-Sugar-Land-Baytown-TX .
- Casper-WY decreased by - 34.10% between 1983 and 1986
- Grand-Junction-CO decreased by - 30.65% between 1983 and 1986
- Lafayette-LA decreased by - 26.91% between 1983 and 1986
- Midland-TX decreased by - 23.47% between 1983 and 1986
- Houston-Sugar-Land-Baytown-TX decreased by - 18.04% between 1983 and 1986
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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