Appreciation for MSAs:.

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

If we analyze Worcester, Massachusettes MSA appreciation it was + 14.21% (+ 2.84% yearly) from 1994 to 1998.

During the same time period, MA had + 20.38% (+ 4.08% yearly). From 1994 to 1998, Massachusettes outperformed the individual Worcester, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Worcester-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


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

Lets look at Hardwick, 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 Hardwick, Massachusettes check out Spec-Loan.com

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

If you knew your Hardwick, Massachusettes home was worth $92,000.00 in 1994, you could multiply by + 14.21%, add the gain and see the home should be worth $105,070.31 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 1994 to 1998:
+ 2.84%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 1998 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Pueblo-CO, and Portland-Vancouver-Beaverton-OR-WA .

  1. Ogden-Clearfield-UT increased + 47.64% from 1994 to the end of 1998
  2. Salt-Lake-City-UT increased + 47.33% from 1994 to the end of 1998
  3. Provo-Orem-UT increased + 44.17% from 1994 to the end of 1998
  4. Pueblo-CO increased + 41.37% from 1994 to the end of 1998
  5. Portland-Vancouver-Beaverton-OR-WA increased + 40.97% from 1994 to the end of 1998

Zip Code in MSA: 1037 - HARDWICK, MA

MSA Pop: 776610
Zip Pop: 710
Avg Value: 175000
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.34998
Long: -72.19998