Real Estate Appreciation for Worcester, Massachusettes: + 31.13%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Worcester, Massachusettes: + 31.13%
- State of MA: + 31.17%
- Difference: - 0.14%
Worcester-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1986 | 2 | 95.07 | + 6.34% | + 25.37% |
| 1986 | 3 | 100.1 | + 5.29% | + 21.16% |
| 1986 | 4 | 102.86 | + 2.76% | + 11.03% |
| 1987 | 1 | 107.71 | + 4.72% | + 18.86% |
| 1987 | 2 | 110.57 | + 2.66% | + 10.62% |
| 1987 | 3 | 113.04 | + 2.23% | + 8.94% |
| 1987 | 4 | 113.92 | + 0.78% | + 3.11% |
| 1988 | 1 | 113.95 | + 0.03% | + 0.11% |
| 1988 | 2 | 116.62 | + 2.34% | + 9.37% |
| 1988 | 3 | 115.31 | - 1.12% | - 4.49% |
| 1988 | 4 | 116.61 | + 1.13% | + 4.51% |
| 1989 | 1 | 116.48 | - 0.11% | - 0.45% |
| 1989 | 2 | 114.95 | - 1.31% | - 5.25% |
| 1989 | 3 | 116.8 | + 1.61% | + 6.44% |
| 1989 | 4 | 117.23 | + 0.37% | + 1.47% |
There are a lot of ways to use the appreciation data for Worcester, Massachusettes .
Lets look at Gilbertville, Massachusettes, a city located in Worcester, 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 Gilbertville, Massachusettes check out Spec-Loan.com
If you were going to do a Gilbertville, Massachusettes Refinance, or Gilbertville, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Gilbertville, Massachusettes home was worth $75,000.00 in 1986, you could multiply by + 31.13%, add the gain and see the home should be worth $98,347.32 in 1989. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1986 to 1989:
+ 7.78%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1986 to 1989 were Anchorage-AK, Austin-Round-Rock-TX, Midland-TX, Casper-WY, and Oklahoma-City-OK .
- Anchorage-AK decreased by - 28.25% between 1986 and 1989
- Austin-Round-Rock-TX decreased by - 25.36% between 1986 and 1989
- Midland-TX decreased by - 21.19% between 1986 and 1989
- Casper-WY decreased by - 19.47% between 1986 and 1989
- Oklahoma-City-OK decreased by - 18.30% between 1986 and 1989
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: 1031 - GILBERTVILLE, MA
MSA Pop: 776610Zip Pop: 1263
Avg Value: 116500
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.33426
Long: -72.17604