Real Estate Appreciation for Anderson, South Carlina: + 7.31%
Appreciation for MSAs:.
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 + 7.31% (+ 3.66% yearly) from 2004 to 2005.
During the same time period, SC had + 14.69% (+ 7.34% yearly).
From 2004 to 2005, South Carlina outperformed the individual Anderson, South Carlina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Anderson-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 150.37 | + 0.35% | + 1.41% |
| 2004 | 3 | 148.79 | - 1.05% | - 4.20% |
| 2004 | 4 | 152.7 | + 2.63% | + 10.51% |
| 2005 | 1 | 155.04 | + 1.53% | + 6.13% |
| 2005 | 2 | 154.7 | - 0.22% | - 0.88% |
| 2005 | 3 | 157.83 | + 2.02% | + 8.09% |
| 2005 | 4 | 160.8 | + 1.88% | + 7.53% |
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 $109,000.00 in 2004, you could multiply by + 7.31%, add the gain and see the home should be worth $116,972.77 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anderson-SC from 2004 to 2005:
+ 3.66%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
- Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005
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