Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Anderson, South Carlina MSA appreciated + 22.63% (+ 4.53% yearly) for the period between 1999 and the end of 2003.

The state had + 22.89% total appreciation (+ 4.58% yearly). The state average for South Carlina was higher than the real estate appreciation in the Anderson, South Carlina MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 1.13% faster than this MSA.

Anderson-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation


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 $102,000.00 in 1999, you could multiply by + 22.63%, add the gain and see the home should be worth $125,085.13 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1999 to 2003:
+ 4.53%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2003 were Barnstable-Town-MA, Napa-CA, San-Luis-Obispo-Paso-Robles-CA, Vallejo-Fairfield-CA, and Salinas-CA .

  1. Barnstable-Town-MA increased +102.31% from 1999 to the end of 2003
  2. Napa-CA increased + 97.58% from 1999 to the end of 2003
  3. San-Luis-Obispo-Paso-Robles-CA increased + 94.52% from 1999 to the end of 2003
  4. Vallejo-Fairfield-CA increased + 94.15% from 1999 to the end of 2003
  5. Salinas-CA increased + 91.44% from 1999 to the end of 2003

In contrast, the worst 5 MSAs from 1999 to 2003 were Ogden-Clearfield-UT, Provo-Orem-UT, Logan-UT-ID, Florence-Muscle-Shoals-AL, and Fayetteville-NC .

  1. Ogden-Clearfield-UT only increased + 5.34% between 1999 and 2003
  2. Provo-Orem-UT only increased + 8.03% between 1999 and 2003
  3. Logan-UT-ID only increased + 8.08% between 1999 and 2003
  4. Florence-Muscle-Shoals-AL only increased + 8.72% between 1999 and 2003
  5. Fayetteville-NC only increased + 8.89% between 1999 and 2003

Zip Code in MSA: 29624 - ANDERSON, SC

MSA Pop: 171510
Zip Pop: 15898
Avg Value: 49500
County: ANDERSON
Elev: 771
Region: South
Lat: 34.479558
Long: -82.682694