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 Springfield, Massachusettes MSA appreciated +225.43% (+ 28.18% yearly) for the period between 1981 and the end of 1988.

The state had +179.30% total appreciation (+ 22.41% yearly). The Springfield, Massachusettes MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Springfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1985-1988 Quarterly Detailed Appreciation
1982-1985 Quarterly Detailed Appreciation


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 Amherst, Massachusettes 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 Springfield, Massachusettes.

If you were going to do a Amherst, Massachusettes Refinance, or Amherst, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Amherst, Massachusettes home was worth $69,000.00 in 1981, you could multiply by +225.43%, add the gain and see the home should be worth $224,544.67 in 1988. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1981 to 1988:
+ 28.18%

Appreciation Comparisons

The worst 5 MSAs from 1981 to 1988 were Lafayette-LA, Baton-Rouge-LA, Oklahoma-City-OK, Davenport-Moline-Rock-Island-IA-IL, and Boise-City-Nampa-ID .

  1. Lafayette-LA decreased by - 31.61% between 1981 and 1988
  2. Baton-Rouge-LA decreased by - 8.47% between 1981 and 1988
  3. Oklahoma-City-OK decreased by - 8.39% between 1981 and 1988
  4. Davenport-Moline-Rock-Island-IA-IL decreased by - 7.93% between 1981 and 1988
  5. Boise-City-Nampa-ID decreased by - 5.47% between 1981 and 1988

For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

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

Zip Code in MSA: 1004 - AMHERST, MA

MSA Pop: 688495
Zip Pop: 0
Avg Value: 0
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.384405
Long: -72.513652