Real Estate Appreciation for Albany, Georgia: + 13.43%

Before we disect the appreciation within the MSA for this period, lets consider how Albany, Georgia did compared to the state as a whole.

The Albany, Georgia MSA property value change was + 13.43% (+ 6.72% yearly).

All of the property in GA averaged + 8.98% change in value (+ 4.49% yearly).

Albany-GA

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
2005	2	150.92	+ 4.19%	+ 16.76%
2005	3	151.59	+ 0.44%	+ 1.78%
2005	4	157.44	+ 3.86%	+ 15.44%
2006	1	158.39	+ 0.60%	+ 2.41%
2006	2	159.84	+ 0.92%	+ 3.66%
2006	3	160.92	+ 0.68%	+ 2.70%
2006	4	164.31	+ 2.11%	+ 8.43%

If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Albany, Georgia click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Albany, Georgia.

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

If you knew your Albany, Georgia home was worth $111,000.00 in 2005, you could multiply by + 13.43%, add the gain and see the home should be worth $125,912.39 in 2006. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Albany-GA from 2005 to 2006:
+ 6.72%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

1. Honolulu-HI lost - 49.13% from 1980 to 1981
2. Casper-WY lost - 27.70% from 1986 thru 1987
3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
4. Lafayette-LA lost - 25.36% from 1986 thru 1987
5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 31701 - ALBANY, GA

MSA Pop: 161104
Zip Pop: 22419
Avg Value: 55300
County: DOUGHERTY
Elev: 208
Region: South
Lat: 31.57381
Long: -84.164133