Real Estate Appreciation for Worcester, Massachusettes: + 58.16%
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: + 58.16%
- State of MA: + 65.66%
- Difference: - 11.42%
Worcester-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Worcester-MA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Massachusettes, you can do some research at Spec-Loan.com.
If you were going to do a Oakham, Massachusettes Refinance, or Oakham, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Oakham, Massachusettes home was worth $97,000.00 in 1996, you could multiply by + 58.16%, add the gain and see the home should be worth $153,411.94 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1996 to 2001:
+ 9.69%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Salinas-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 97.98% from 1996 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 87.89% from 1996 to the end of 2001
- Barnstable-Town-MA increased + 78.09% from 1996 to the end of 2001
- Salinas-CA increased + 77.14% from 1996 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 76.30% from 1996 to the end of 2001
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
Zip Code in MSA: 1068 - OAKHAM, MA
MSA Pop: 776610Zip Pop: 1716
Avg Value: 150600
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.34393
Long: -72.047392