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 + 65.50% (+ 5.46% yearly) from 1994 to 2005.

During the same time period, SC had + 76.70% (+ 6.39% yearly). From 1994 to 2005, South Carlina outperformed the individual Anderson, South Carlina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Anderson-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


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 Pelzer, South Carlina 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 Anderson, South Carlina.

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 $99,000.00 in 1994, you could multiply by + 65.50%, add the gain and see the home should be worth $163,845.20 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1994 to 2005:
+ 5.46%

Appreciation Comparisons

The worst 5 MSAs from 1994 to 2005 were Rochester-NY, Elmira-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, and McAllen-Edinburg-Mission-TX .

  1. Rochester-NY only increased + 29.90% between 1994 and 2005
  2. Elmira-NY only increased + 31.63% between 1994 and 2005
  3. Buffalo-Niagara-Falls-NY only increased + 33.47% between 1994 and 2005
  4. Springfield-IL only increased + 33.93% between 1994 and 2005
  5. McAllen-Edinburg-Mission-TX only increased + 36.85% between 1994 and 2005

For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
  2. Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
  4. Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. 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