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 + 98.89% (+ 9.89% 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 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
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 Worcester, Massachusettes .

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

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

If you knew your West Warren, Massachusettes home was worth $97,000.00 in 1994, you could multiply by + 98.89%, add the gain and see the home should be worth $192,919.72 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 1994 to 2003:
+ 9.89%

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: 1092 - WEST WARREN, MA

MSA Pop: 776610
Zip Pop: 1087
Avg Value: 112600
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.2125
Long: -72.191667