Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Anderson, South Carlina MSA appreciated + 64.42% (+ 5.37% yearly) between 1993 and the end of 2004.

The state of SC had + 66.82% total appreciation (+ 5.57% yearly). The state average for South Carlina was higher than the real estate appreciation in the Anderson, South Carlina MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 3.71% faster than this MSA.

Anderson-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 Anderson-SC here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in South Carlina, you can do some research at Spec-Loan.com.

If you were going to do a Pelzer, South Carlina Refinance, or Pelzer, South Carlina Reverse Mortgages, you could estimate your home value.

If you knew your Pelzer, South Carlina home was worth $97,000.00 in 1993, you could multiply by + 64.42%, add the gain and see the home should be worth $159,490.69 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1993 to 2004:
+ 5.37%

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. Odessa-TX lost - 17.39% from 1984 thru 1995
  2. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 29669 - PELZER, SC

MSA Pop: 171510
Zip Pop: 11254
Avg Value: 70000
County: ANDERSON
Elev: 771
Region: South
Lat: 34.6538
Long: -82.492047