Real Estate Appreciation for Anderson, South Carlina: + 52.30%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Anderson, South Carlina: + 52.30%
- State of SC: + 64.19%
- Difference: - 18.52%
Anderson-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Anderson, South Carlina .
Lets look at Iva, 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 Iva, South Carlina check out Spec-Loan.com
If you were going to do a Iva, South Carlina Refinance, or Iva, South Carlina Reverse Mortgages, you could estimate your home value.
If you knew your Iva, South Carlina home was worth $101,000.00 in 1996, you could multiply by + 52.30%, add the gain and see the home should be worth $153,824.59 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 1996 to 2005:
+ 5.23%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 2005 were Florence-Muscle-Shoals-AL, Springfield-IL, Lafayette-IN, Columbus-IN, and Fayetteville-NC .
- Florence-Muscle-Shoals-AL only increased + 24.39% between 1996 and 2005
- Springfield-IL only increased + 25.14% between 1996 and 2005
- Lafayette-IN only increased + 25.82% between 1996 and 2005
- Columbus-IN only increased + 26.95% between 1996 and 2005
- Fayetteville-NC only increased + 29.59% between 1996 and 2005
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 29655 - IVA, SC
MSA Pop: 171510Zip Pop: 7371
Avg Value: 59400
County: ANDERSON
Elev: 771
Region: South
Lat: 34.310333
Long: -82.668101