Real Estate Appreciation for Anderson, South Carlina: + 16.80%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Anderson, South Carlina MSA appreciation it was + 16.80% (+ 4.20% yearly) from 1994 to 1997.
During the same time period, SC had + 15.94% (+ 3.98% yearly).
You can see that the Anderson, South Carlina MSA experienced higher appreciation in this case.
Anderson-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 97.64 | + 0.49% | + 1.98% |
| 1994 | 3 | 100.21 | + 2.63% | + 10.53% |
| 1994 | 4 | 97.72 | - 2.48% | - 9.94% |
| 1995 | 1 | 100 | + 2.33% | + 9.33% |
| 1995 | 2 | 102.02 | + 2.02% | + 8.08% |
| 1995 | 3 | 103.27 | + 1.23% | + 4.90% |
| 1995 | 4 | 106.19 | + 2.83% | + 11.31% |
| 1996 | 1 | 105.58 | - 0.57% | - 2.30% |
| 1996 | 2 | 106.77 | + 1.13% | + 4.51% |
| 1996 | 3 | 107.57 | + 0.75% | + 3.00% |
| 1996 | 4 | 107.87 | + 0.28% | + 1.12% |
| 1997 | 1 | 107.65 | - 0.20% | - 0.82% |
| 1997 | 2 | 110.89 | + 3.01% | + 12.04% |
| 1997 | 3 | 110.24 | - 0.59% | - 2.34% |
| 1997 | 4 | 113.48 | + 2.94% | + 11.76% |
There are a lot of ways to use the appreciation data for Anderson, South Carlina .
Lets look at Anderson, South Carlina, a city located in Anderson, South Carlina 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 Anderson, South Carlina check out Spec-Loan.com
If you were going to do a Anderson, South Carlina Refinance, or Anderson, South Carlina Reverse Mortgages, you could estimate your home value.
If you knew your Anderson, South Carlina home was worth $91,000.00 in 1994, you could multiply by + 16.80%, add the gain and see the home should be worth $106,285.30 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 1994 to 1997:
+ 4.20%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
In contrast, the worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .
- Honolulu-HI decreased by - 14.47% between 1994 and 1997
- Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
- Binghamton-NY decreased by - 9.70% between 1994 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
- Kingston-NY decreased by - 6.47% between 1994 and 1997
Zip Code in MSA: 29623 - ANDERSON, SC
MSA Pop: 171510Zip Pop: 0
Avg Value: 0
County: ANDERSON
Elev: 771
Region: South
Lat: 34.518833
Long: -82.7177