Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Asheville, North Carolina MSA appreciated + 32.47% (+ 6.49% yearly) between 1993 and the end of 1997.

The state of NC had + 24.42% total appreciation (+ 4.88% yearly). The Asheville, North Carolina MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 32.99% faster than the state as a whole.

Asheville-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Asheville, North Carolina .

Lets look at Arden, North Carolina, a city located in Asheville, North Carolina 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 Arden, North Carolina check out Spec-Loan.com

If you were going to do a Arden, North Carolina Refinance, or Arden, North Carolina Reverse Mortgages, you could estimate your home value.

If you knew your Arden, North Carolina home was worth $90,000.00 in 1993, you could multiply by + 32.47%, add the gain and see the home should be worth $119,226.91 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1993 to 1997:
+ 6.49%

Appreciation Comparisons

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .

  1. Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
  2. Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
  3. Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
  4. Greeley-CO increased + 50.51% from 1993 to the end of 1997
  5. Logan-UT-ID increased + 49.89% from 1993 to the end of 1997

Zip Code in MSA: 28704 - ARDEN, NC

MSA Pop: 381789
Zip Pop: 14782
Avg Value: 123900
County: BUNCOMBE
Elev: 2134
Region: South
Lat: 35.472328
Long: -82.52116