Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 63.91%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Providence New Bedford Fall River, Rhode Island, Massachusettes MSA appreciation it was + 63.91% (+ 15.98% yearly) from 2000 to 2003.
During the same time period, RI had + 65.37% (+ 16.34% yearly).
From 2000 to 2003, Rhode Island outperformed the individual Providence New Bedford Fall River, Rhode Island, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 126.51 | + 2.85% | + 11.38% |
| 2000 | 3 | 130.53 | + 3.18% | + 12.71% |
| 2000 | 4 | 133.27 | + 2.10% | + 8.40% |
| 2001 | 1 | 136.62 | + 2.51% | + 10.05% |
| 2001 | 2 | 141.26 | + 3.40% | + 13.59% |
| 2001 | 3 | 146.61 | + 3.79% | + 15.15% |
| 2001 | 4 | 149.82 | + 2.19% | + 8.76% |
| 2002 | 1 | 155.33 | + 3.68% | + 14.71% |
| 2002 | 2 | 162.61 | + 4.69% | + 18.75% |
| 2002 | 3 | 168.69 | + 3.74% | + 14.96% |
| 2002 | 4 | 174.04 | + 3.17% | + 12.69% |
| 2003 | 1 | 179.1 | + 2.91% | + 11.63% |
| 2003 | 2 | 183.25 | + 2.32% | + 9.27% |
| 2003 | 3 | 189.87 | + 3.61% | + 14.45% |
| 2003 | 4 | 201.63 | + 6.19% | + 24.77% |
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 $103,000.00 in 2000, you could multiply by + 63.91%, add the gain and see the home should be worth $168,830.91 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 2000 to 2003:
+ 15.98%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
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