Real Estate Appreciation for Anniston Oxford, Alabama: + 7.00%
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 Anniston Oxford, Alabama MSA appreciated + 7.00% (+ 3.50% yearly) for the period between 2001 and the end of 2002.
The state had + 5.84% total appreciation (+ 2.92% yearly).
The Anniston Oxford, Alabama MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Anniston-Oxford-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 127.05 | - 0.87% | - 3.46% |
| 2001 | 3 | 126.64 | - 0.32% | - 1.29% |
| 2001 | 4 | 131.46 | + 3.81% | + 15.22% |
| 2002 | 1 | 133.26 | + 1.37% | + 5.48% |
| 2002 | 2 | 131.85 | - 1.06% | - 4.23% |
| 2002 | 3 | 134.02 | + 1.65% | + 6.58% |
| 2002 | 4 | 137.13 | + 2.32% | + 9.28% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Anniston, Alabama click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Anniston Oxford, Alabama.
If you were going to do a Anniston, Alabama Refinance, or Anniston, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Anniston, Alabama home was worth $103,000.00 in 2001, you could multiply by + 7.00%, add the gain and see the home should be worth $110,209.04 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anniston-Oxford-AL from 2001 to 2002:
+ 3.50%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 36201 - ANNISTON, AL
MSA Pop: 112012Zip Pop: 22079
Avg Value: 43300
County: CALHOUN
Elev: 730
Region: South
Lat: 33.659145
Long: -85.825055