Real Estate Appreciation for Anderson, South Carlina: + 10.25%
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: + 10.25%
- State of SC: + 8.77%
- Difference: + 16.96%
Anderson-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 116.9 | + 0.06% | + 0.24% |
| 1998 | 3 | 120.54 | + 3.11% | + 12.46% |
| 1998 | 4 | 121 | + 0.38% | + 1.53% |
| 1999 | 1 | 123.23 | + 1.84% | + 7.37% |
| 1999 | 2 | 123.85 | + 0.50% | + 2.01% |
| 1999 | 3 | 125.48 | + 1.32% | + 5.26% |
| 1999 | 4 | 128.81 | + 2.65% | + 10.62% |
Some of the ways peope use our appreciation data for Anderson, South Carlina include real estate investment .
Lets look at Anderson, South Carlina, a city located in Anderson, South Carlina MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in South Carlina check out Spec-Loan.com
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 $97,000.00 in 1998, you could multiply by + 10.25%, add the gain and see the home should be worth $106,946.59 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 1998 to 1999:
+ 5.13%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
Zip Code in MSA: 29621 - ANDERSON, SC
MSA Pop: 171510Zip Pop: 32300
Avg Value: 108900
County: ANDERSON
Elev: 771
Region: South
Lat: 34.525701
Long: -82.642853