Real Estate Appreciation for Anderson, South Carlina: + 13.48%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Anderson, South Carlina did compared to the state as a whole.
The Anderson, South Carlina MSA property value change was + 13.48% (+ 4.49% yearly).
All of the property in SC averaged + 13.60% change in value (+ 4.53% yearly).
Anderson-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 Anderson, 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 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 $92,000.00 in 1995, you could multiply by + 13.48%, add the gain and see the home should be worth $104,401.60 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 1995 to 1997:
+ 4.49%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997
Zip Code in MSA: 29622 - ANDERSON, SC
MSA Pop: 171510Zip Pop: 0
Avg Value: 0
County: ANDERSON
Elev: 771
Region: South
Lat: 34.497192
Long: -82.657924