Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 3.51%
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 + 3.51% (+ 0.70% yearly) between 1993 and the end of 1997.
The state of RI had + 0.56% total appreciation (+ 0.11% 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 +525.77% faster than the state as a whole.
Providence-New-Bedford-Fall-River-RI-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
Lets look at Mansfield, Rhode Island, a city located in Providence New Bedford Fall River, Rhode Island, Massachusettes MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Mansfield, Rhode Island Refinance, or Mansfield, Rhode Island Reverse Mortgages, you could estimate your home value.
If you knew your Mansfield, Rhode Island home was worth $90,000.00 in 1993, you could multiply by + 3.51%, add the gain and see the home should be worth $93,157.13 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 1993 to 1997:
+ 0.70%
Appreciation Comparisons
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .
- Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
- Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
- Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
- Greeley-CO increased + 50.51% from 1993 to the end of 1997
- Logan-UT-ID increased + 49.89% from 1993 to the end of 1997
Zip Code in MSA: 2048 - MANSFIELD, MA
MSA Pop: 1623172Zip Pop: 22410
Avg Value: 216100
County: BRISTOL
Elev: 30
Region: Northeast
Lat: 42.021256
Long: -71.220208