Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 80.11%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Providence New Bedford Fall River, Rhode Island, Massachusettes did compared to the state as a whole.
The Providence New Bedford Fall River, Rhode Island, Massachusettes MSA property value change was + 80.11% (+ 26.70% yearly).
All of the property in RI averaged + 82.67% change in value (+ 27.56% yearly).
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1987 | 1 | 90.43 | + 6.69% | + 26.76% |
| 1987 | 2 | 94.86 | + 4.90% | + 19.60% |
| 1987 | 3 | 100.72 | + 6.18% | + 24.71% |
| 1987 | 4 | 103.51 | + 2.77% | + 11.08% |
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 $72,000.00 in 1985, you could multiply by + 80.11%, add the gain and see the home should be worth $129,680.18 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 1985 to 1987:
+ 26.70%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1985 to 1987 were Lafayette-LA, Anchorage-AK, Casper-WY, Odessa-TX, and Oklahoma-City-OK .
- Lafayette-LA decreased by - 31.84% between 1985 and 1987
- Anchorage-AK decreased by - 26.93% between 1985 and 1987
- Casper-WY decreased by - 23.41% between 1985 and 1987
- Odessa-TX decreased by - 20.91% between 1985 and 1987
- Oklahoma-City-OK decreased by - 19.18% between 1985 and 1987
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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