Real Estate Appreciation for Rochester, New York: + 3.48%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Rochester, New York did compared to the state as a whole.
The Rochester, New York MSA property value change was + 3.48% (+ 1.16% yearly).
All of the property in NY averaged + 6.85% change in value (+ 2.28% yearly).
Rochester-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.32 | + 1.32% | + 5.28% |
| 1995 | 3 | 102.12 | + 0.79% | + 3.16% |
| 1995 | 4 | 102.73 | + 0.60% | + 2.39% |
| 1996 | 1 | 103.77 | + 1.01% | + 4.05% |
| 1996 | 2 | 103.01 | - 0.73% | - 2.93% |
| 1996 | 3 | 101.76 | - 1.21% | - 4.85% |
| 1996 | 4 | 101.62 | - 0.14% | - 0.55% |
| 1997 | 1 | 101.96 | + 0.33% | + 1.34% |
| 1997 | 2 | 101.61 | - 0.34% | - 1.37% |
| 1997 | 3 | 102.66 | + 1.03% | + 4.13% |
| 1997 | 4 | 103.48 | + 0.80% | + 3.20% |
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 Savannah, 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 Savannah, New York Refinance, or Savannah, New York Reverse Mortgages, you could estimate your home value.
If you knew your Savannah, New York home was worth $92,000.00 in 1995, you could multiply by + 3.48%, add the gain and see the home should be worth $95,201.60 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1995 to 1997:
+ 1.16%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997
Zip Code in MSA: 13146 - SAVANNAH, NY
MSA Pop: 1041198Zip Pop: 2541
Avg Value: 53600
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.104181
Long: -76.760683