Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Springfield, Massachusettes MSA appreciation it was + 52.17% (+ 5.22% yearly) from 1994 to 2003.

During the same time period, MA had +113.00% (+ 11.30% yearly). From 1994 to 2003, Massachusettes outperformed the individual Springfield, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Springfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Springfield, Massachusettes .

Lets look at Blandford, Massachusettes, a city located in Springfield, Massachusettes 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 Blandford, Massachusettes check out Spec-Loan.com

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

If you knew your Blandford, Massachusettes home was worth $97,000.00 in 1994, you could multiply by + 52.17%, add the gain and see the home should be worth $147,609.09 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1994 to 2003:
+ 5.22%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Midland-TX lost - 22.05% from 1984 thru 1993
  2. Lafayette-LA lost - 21.25% from 1983 thru 1992

Zip Code in MSA: 1008 - BLANDFORD, MA

MSA Pop: 688495
Zip Pop: 1235
Avg Value: 135700
County: HAMPDEN
Elev: 70
Region: Northeast
Lat: 42.143237
Long: -72.930317