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 + 46.33% (+ 5.79% yearly) from 1994 to 2001.

During the same time period, SC had + 42.34% (+ 5.29% yearly). You can see that the Anderson, South Carlina MSA experienced higher appreciation in this case.

Anderson-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Anderson, South Carlina .

Lets look at Belton, 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 Belton, South Carlina check out Spec-Loan.com

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

If you knew your Belton, South Carlina home was worth $95,000.00 in 1994, you could multiply by + 46.33%, add the gain and see the home should be worth $139,009.37 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1994 to 2001:
+ 5.79%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 2001 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Syracuse-NY .

  1. Honolulu-HI decreased by - 7.06% between 1994 and 2001
  2. Utica-Rome-NY only increased + 6.45% between 1994 and 2001
  3. Glens-Falls-NY only increased + 6.82% between 1994 and 2001
  4. Albany-Schenectady-Troy-NY only increased + 6.99% between 1994 and 2001
  5. Syracuse-NY only increased + 7.38% between 1994 and 2001

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

Zip Code in MSA: 29627 - BELTON, SC

MSA Pop: 171510
Zip Pop: 17489
Avg Value: 70000
County: ANDERSON
Elev: 771
Region: South
Lat: 34.519519
Long: -82.504108