Real Estate Appreciation for Anderson, South Carlina: + 21.69%
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: + 21.69%
- State of SC: + 20.96%
- Difference: + 3.48%
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% |
| 2000 | 1 | 127.28 | - 1.19% | - 4.75% |
| 2000 | 2 | 129.3 | + 1.59% | + 6.35% |
| 2000 | 3 | 130.95 | + 1.28% | + 5.10% |
| 2000 | 4 | 133.18 | + 1.70% | + 6.81% |
| 2001 | 1 | 136.18 | + 2.25% | + 9.01% |
| 2001 | 2 | 137.56 | + 1.01% | + 4.05% |
| 2001 | 3 | 139.21 | + 1.20% | + 4.80% |
| 2001 | 4 | 142.17 | + 2.13% | + 8.51% |
There are a lot of ways to use the appreciation data for Anderson, South Carlina .
Lets look at Anderson, 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 Anderson, 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 $99,000.00 in 1998, you could multiply by + 21.69%, add the gain and see the home should be worth $120,472.74 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 1998 to 2001:
+ 5.42%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
Zip Code in MSA: 29623 - ANDERSON, SC
MSA Pop: 171510Zip Pop: 0
Avg Value: 0
County: ANDERSON
Elev: 771
Region: South
Lat: 34.518833
Long: -82.7177