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 + 28.39% (+ 3.55% yearly) for the period between 1999 and the end of 2006.

The state had +110.68% total appreciation (+ 13.84% 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 +289.93% faster than this MSA.

Rochester-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $105,000.00 in 1999, you could multiply by + 28.39%, add the gain and see the home should be worth $134,805.25 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Rochester-NY from 1999 to 2006:
+ 3.55%

Appreciation Comparisons

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

The top 5 performing MSAs from 1999 to 2006 were Naples-Marco-Island-FL, Salinas-CA, Merced-CA, Riverside-San-Bernardino-Ontario-CA, and Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M .

  1. Naples-Marco-Island-FL increased +209.59% from 1999 to the end of 2006
  2. Salinas-CA increased +204.52% from 1999 to the end of 2006
  3. Merced-CA increased +196.27% from 1999 to the end of 2006
  4. Riverside-San-Bernardino-Ontario-CA increased +194.43% from 1999 to the end of 2006
  5. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +190.86% from 1999 to the end of 2006

Zip Code in MSA: 14411 - ALBION, NY

MSA Pop: 1041198
Zip Pop: 14676
Avg Value: 68000
County: ORLEANS
Elev: 519
Region: Northeast
Lat: 43.240826
Long: -78.201533