Real Estate Appreciation for Anderson, South Carlina: + 18.73%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Anderson, South Carlina MSA appreciation it was + 18.73% (+ 4.68% yearly) from 2000 to 2003.
During the same time period, SC had + 17.84% (+ 4.46% yearly).
You can see that the Anderson, South Carlina MSA experienced higher appreciation in this case.
Anderson-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 140.82 | - 0.95% | - 3.80% |
| 2002 | 2 | 142.86 | + 1.45% | + 5.79% |
| 2002 | 3 | 144.01 | + 0.80% | + 3.22% |
| 2002 | 4 | 144.97 | + 0.67% | + 2.67% |
| 2003 | 1 | 146.25 | + 0.88% | + 3.53% |
| 2003 | 2 | 147.65 | + 0.96% | + 3.83% |
| 2003 | 3 | 149.3 | + 1.12% | + 4.47% |
| 2003 | 4 | 151.12 | + 1.22% | + 4.88% |
Lets look at Anderson, South Carlina, a city located in Anderson, South Carlina MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $103,000.00 in 2000, you could multiply by + 18.73%, add the gain and see the home should be worth $122,292.27 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 2000 to 2003:
+ 4.68%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
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