Real Estate Appreciation for Rochester, New York: + 17.71%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Rochester, New York: + 17.71%
- State of NY: + 65.19%
- Difference: - 72.83%
Rochester-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Rochester, New York include real estate investment .
Lets look at Medina, New York, a city located in Rochester, New York MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in New York check out Spec-Loan.com
If you were going to do a Medina, New York Refinance, or Medina, New York Reverse Mortgages, you could estimate your home value.
If you knew your Medina, New York home was worth $101,000.00 in 1998, you could multiply by + 17.71%, add the gain and see the home should be worth $118,890.82 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1998 to 2003:
+ 2.95%
Appreciation Comparisons
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
The top 5 performing MSAs from 1998 to 2003 were Barnstable-Town-MA, Napa-CA, San-Diego-Carlsbad-San-Marcos-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased +119.99% from 1998 to the end of 2003
- Napa-CA increased +114.39% from 1998 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +111.21% from 1998 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased +108.99% from 1998 to the end of 2003
- Salinas-CA increased +107.08% from 1998 to the end of 2003
Zip Code in MSA: 14103 - MEDINA, NY
MSA Pop: 1041198Zip Pop: 11612
Avg Value: 64900
County: ORLEANS
Elev: 519
Region: Northeast
Lat: 43.217648
Long: -78.384671