Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 7.11%
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 + 7.11% (+ 2.37% yearly).
All of the property in RI averaged + 5.50% change in value (+ 1.83% yearly).
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.5 | + 1.50% | + 6.00% |
| 1995 | 3 | 103.21 | + 1.68% | + 6.74% |
| 1995 | 4 | 104.25 | + 1.01% | + 4.03% |
| 1996 | 1 | 105.24 | + 0.95% | + 3.80% |
| 1996 | 2 | 103.95 | - 1.23% | - 4.90% |
| 1996 | 3 | 102.45 | - 1.44% | - 5.77% |
| 1996 | 4 | 103.6 | + 1.12% | + 4.49% |
| 1997 | 1 | 104.1 | + 0.48% | + 1.93% |
| 1997 | 2 | 103.92 | - 0.17% | - 0.69% |
| 1997 | 3 | 105.62 | + 1.64% | + 6.54% |
| 1997 | 4 | 107.11 | + 1.41% | + 5.64% |
There are a lot of ways to use the appreciation data for Providence New Bedford Fall River, Rhode Island, Massachusettes .
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 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 East Mansfield, 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 $92,000.00 in 1995, you could multiply by + 7.11%, add the gain and see the home should be worth $98,541.20 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 1995 to 1997:
+ 2.37%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- 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