Real Estate Appreciation for Rochester, New York: + 36.31%
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 Rochester, New York MSA appreciation it was + 36.31% (+ 9.08% yearly) from 1980 to 1983.
During the same time period, NY had + 47.67% (+ 11.92% yearly).
From 1980 to 1983, New York outperformed the individual Rochester, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Rochester-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1980 | 2 | 50.95 | + 0.87% | + 3.48% |
| 1980 | 3 | 54.21 | + 6.40% | + 25.59% |
| 1980 | 4 | 51.99 | - 4.10% | - 16.38% |
| 1981 | 1 | 52.18 | + 0.37% | + 1.46% |
| 1981 | 2 | 54.86 | + 5.14% | + 20.54% |
| 1981 | 3 | 57.32 | + 4.48% | + 17.94% |
| 1981 | 4 | 54.28 | - 5.30% | - 21.21% |
| 1982 | 1 | 52.88 | - 2.58% | - 10.32% |
| 1982 | 2 | 57.09 | + 7.96% | + 31.85% |
| 1982 | 3 | 59.41 | + 4.06% | + 16.26% |
| 1982 | 4 | 61.9 | + 4.19% | + 16.76% |
| 1983 | 1 | 63.05 | + 1.86% | + 7.43% |
| 1983 | 2 | 64.32 | + 2.01% | + 8.06% |
| 1983 | 3 | 65.41 | + 1.69% | + 6.78% |
| 1983 | 4 | 68.85 | + 5.26% | + 21.04% |
Lets look at South Butler, New York, a city located in Rochester, New York 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 South Butler, New York Refinance, or South Butler, New York Reverse Mortgages, you could estimate your home value.
If you knew your South Butler, New York home was worth $63,000.00 in 1980, you could multiply by + 36.31%, add the gain and see the home should be worth $85,875.07 in 1983. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1980 to 1983:
+ 9.08%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 13154 - SOUTH BUTLER, NY
MSA Pop: 1041198Zip Pop: 0
Avg Value: 0
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.132088
Long: -76.762191