Real Estate Appreciation for Anderson, South Carlina: + 49.21%
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 + 49.21% (+ 5.47% yearly) from 1994 to 2002.
During the same time period, SC had + 47.54% (+ 5.28% 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 OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
Lets look at Honea Path, South Carlina, a city located in Anderson, South Carlina MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Honea Path, South Carlina Refinance, or Honea Path, South Carlina Reverse Mortgages, you could estimate your home value.
If you knew your Honea Path, South Carlina home was worth $96,000.00 in 1994, you could multiply by + 49.21%, add the gain and see the home should be worth $143,239.19 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 1994 to 2002:
+ 5.47%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, and Salinas-CA .
- Barnstable-Town-MA increased +116.17% from 1994 to the end of 2002
- San-Jose-Sunnyvale-Santa-Clara-CA increased +112.59% from 1994 to the end of 2002
- Santa-Cruz-Watsonville-CA increased +104.39% from 1994 to the end of 2002
- Denver-Aurora-CO increased + 98.00% from 1994 to the end of 2002
- Salinas-CA increased + 93.56% from 1994 to the end of 2002
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: 29654 - HONEA PATH, SC
MSA Pop: 171510Zip Pop: 9830
Avg Value: 61900
County: ANDERSON
Elev: 771
Region: South
Lat: 34.447033
Long: -82.401901