Real Estate Appreciation for Rochester, New York: + 31.91%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Rochester, New York MSA appreciated + 31.91% (+ 2.45% yearly) between 1993 and the end of 2005.
The state of NY had +124.31% total appreciation (+ 9.56% yearly).
The state average for New York was higher than the real estate appreciation in the Rochester, New York MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +289.59% faster than this MSA.
Rochester-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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 Caledonia, New York 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 Rochester, New York.
If you were going to do a Caledonia, New York Refinance, or Caledonia, New York Reverse Mortgages, you could estimate your home value.
If you knew your Caledonia, New York home was worth $98,000.00 in 1993, you could multiply by + 31.91%, add the gain and see the home should be worth $129,270.71 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1993 to 2005:
+ 2.45%
Appreciation Comparisons
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
The top 5 performing MSAs from 1993 to 2005 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Barnstable-Town-MA, Medford-OR, and Napa-CA .
- Salinas-CA increased +252.00% from 1993 to the end of 2005
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +215.12% from 1993 to the end of 2005
- Barnstable-Town-MA increased +209.08% from 1993 to the end of 2005
- Medford-OR increased +207.91% from 1993 to the end of 2005
- Napa-CA increased +202.19% from 1993 to the end of 2005
Zip Code in MSA: 14423 - CALEDONIA, NY
MSA Pop: 1041198Zip Pop: 4953
Avg Value: 89600
County: LIVINGSTON
Elev: 596
Region: Northeast
Lat: 42.944528
Long: -77.842225