Real Estate Appreciation for Rochester, New York: + 15.51%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Rochester, New York MSA appreciated + 15.51% (+ 3.10% yearly) for the period between 1999 and the end of 2003.
The state had + 59.01% total appreciation (+ 11.80% yearly).
The state average for New York was higher than the real estate appreciation in the Rochester, New York MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +280.33% faster than this MSA.
Rochester-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Rochester, New York .
Lets look at Lyndonville, 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 Lyndonville, New York check out Spec-Loan.com
If you were going to do a Lyndonville, New York Refinance, or Lyndonville, New York Reverse Mortgages, you could estimate your home value.
If you knew your Lyndonville, New York home was worth $102,000.00 in 1999, you could multiply by + 15.51%, add the gain and see the home should be worth $117,824.96 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1999 to 2003:
+ 3.10%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2003 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Vallejo-Fairfield-CA, and Salinas-CA .
- Barnstable-Town-MA increased +102.31% from 1999 to the end of 2003
- Napa-CA increased + 97.58% from 1999 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 94.52% from 1999 to the end of 2003
- Vallejo-Fairfield-CA increased + 94.15% from 1999 to the end of 2003
- Salinas-CA increased + 91.44% from 1999 to the end of 2003
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 14098 - LYNDONVILLE, NY
MSA Pop: 1041198Zip Pop: 2896
Avg Value: 69100
County: ORLEANS
Elev: 519
Region: Northeast
Lat: 43.337504
Long: -78.379838