Real Estate Appreciation for Worcester, Massachusettes: +117.86%
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: +117.86%
- State of MA: +127.21%
- Difference: - 7.35%
Worcester-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Worcester, Massachusettes include real estate investment .
Lets look at West Warren, Massachusettes, a city located in Worcester, Massachusettes MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $100,000.00 in 1996, you could multiply by +117.86%, add the gain and see the home should be worth $217,860.55 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1996 to 2004:
+ 13.10%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Barnstable-Town-MA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +184.94% from 1996 to the end of 2004
- Salinas-CA increased +181.73% from 1996 to the end of 2004
- Barnstable-Town-MA increased +169.91% from 1996 to the end of 2004
- Napa-CA increased +168.26% from 1996 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +166.00% from 1996 to the end of 2004
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
Zip Code in MSA: 1092 - WEST WARREN, MA
MSA Pop: 776610Zip Pop: 1087
Avg Value: 112600
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.2125
Long: -72.191667