Real Estate Appreciation for Rochester, New York: + 9.56%
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 + 9.56% (+ 1.19% yearly) from 1994 to 2001.
During the same time period, NY had + 38.77% (+ 4.85% yearly).
From 1994 to 2001, 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
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Rochester, New York .
Lets look at Albion, New York, a city located in Rochester, New York 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 Albion, New York check out Spec-Loan.com
If you were going to do a Albion, New York Refinance, or Albion, New York Reverse Mortgages, you could estimate your home value.
If you knew your Albion, New York home was worth $95,000.00 in 1994, you could multiply by + 9.56%, add the gain and see the home should be worth $104,079.28 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1994 to 2001:
+ 1.19%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Boulder-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +101.92% from 1994 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 90.40% from 1994 to the end of 2001
- Denver-Aurora-CO increased + 90.13% from 1994 to the end of 2001
- Barnstable-Town-MA increased + 84.94% from 1994 to the end of 2001
- Boulder-CO increased + 84.59% from 1994 to the end of 2001
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
Zip Code in MSA: 14411 - ALBION, NY
MSA Pop: 1041198Zip Pop: 14676
Avg Value: 68000
County: ORLEANS
Elev: 519
Region: Northeast
Lat: 43.240826
Long: -78.201533