Real Estate Appreciation for Rochester, New York: + 5.42%
Appreciation for MSAs:.
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 + 5.42% (+ 0.77% yearly) from 1994 to 2000.
During the same time period, NY had + 26.62% (+ 3.80% yearly).
From 1994 to 2000, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Rochester-NY here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in New York, you can do some research at Spec-Loan.com.
If you were going to do a Adams Basin, New York Refinance, or Adams Basin, New York Reverse Mortgages, you could estimate your home value.
If you knew your Adams Basin, New York home was worth $94,000.00 in 1994, you could multiply by + 5.42%, add the gain and see the home should be worth $99,091.07 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1994 to 2000:
+ 0.77%
Appreciation Comparisons
The worst 5 MSAs from 1994 to 2000 were Honolulu-HI, Utica-Rome-NY, Albany-Schenectady-Troy-NY, Bakersfield-CA, and Binghamton-NY .
- Honolulu-HI decreased by - 13.20% between 1994 and 2000
- Utica-Rome-NY decreased by - 0.93% between 1994 and 2000
- Albany-Schenectady-Troy-NY only increased + 0.49% between 1994 and 2000
- Bakersfield-CA only increased + 1.73% between 1994 and 2000
- Binghamton-NY only increased + 1.91% between 1994 and 2000
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 14410 - ADAMS BASIN, NY
MSA Pop: 1041198Zip Pop: 0
Avg Value: 0
County: MONROE
Elev: 513
Region: Northeast
Lat: 43.19199
Long: -77.85725