Real Estate Appreciation for Rochester, New York: + 16.63%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 16.63% (+ 4.16% yearly) from 2000 to 2003.
During the same time period, NY had + 46.72% (+ 11.68% yearly).
From 2000 to 2003, 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 108.35 | + 2.18% | + 8.71% |
| 2000 | 3 | 109.01 | + 0.61% | + 2.44% |
| 2000 | 4 | 109.97 | + 0.88% | + 3.52% |
| 2001 | 1 | 110.98 | + 0.92% | + 3.67% |
| 2001 | 2 | 112.36 | + 1.24% | + 4.97% |
| 2001 | 3 | 113.31 | + 0.85% | + 3.38% |
| 2001 | 4 | 114.29 | + 0.86% | + 3.46% |
| 2002 | 1 | 115.27 | + 0.86% | + 3.43% |
| 2002 | 2 | 116.14 | + 0.75% | + 3.02% |
| 2002 | 3 | 117.13 | + 0.85% | + 3.41% |
| 2002 | 4 | 118.33 | + 1.02% | + 4.10% |
| 2003 | 1 | 119.72 | + 1.17% | + 4.70% |
| 2003 | 2 | 120.21 | + 0.41% | + 1.64% |
| 2003 | 3 | 121.96 | + 1.46% | + 5.82% |
| 2003 | 4 | 123.67 | + 1.40% | + 5.61% |
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 South Butler, 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 South Butler, New York Refinance, or South Butler, New York Reverse Mortgages, you could estimate your home value.
If you knew your South Butler, New York home was worth $103,000.00 in 2000, you could multiply by + 16.63%, add the gain and see the home should be worth $120,124.58 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 2000 to 2003:
+ 4.16%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 13154 - SOUTH BUTLER, NY
MSA Pop: 1041198Zip Pop: 0
Avg Value: 0
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.132088
Long: -76.762191