Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Asheville, North Carolina MSA appreciation it was + 33.27% (+ 6.65% yearly) from 1994 to 1998.

During the same time period, NC had + 25.34% (+ 5.07% yearly). You can see that the Asheville, North Carolina MSA experienced higher appreciation in this case.

Asheville-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Asheville, North Carolina include real estate investment .

Lets look at Arden, North Carolina, a city located in Asheville, North Carolina 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 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 $92,000.00 in 1994, you could multiply by + 33.27%, add the gain and see the home should be worth $122,608.29 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1994 to 1998:
+ 6.65%

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 1994 to 1998 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Pueblo-CO, and Portland-Vancouver-Beaverton-OR-WA .

  1. Ogden-Clearfield-UT increased + 47.64% from 1994 to the end of 1998
  2. Salt-Lake-City-UT increased + 47.33% from 1994 to the end of 1998
  3. Provo-Orem-UT increased + 44.17% from 1994 to the end of 1998
  4. Pueblo-CO increased + 41.37% from 1994 to the end of 1998
  5. Portland-Vancouver-Beaverton-OR-WA increased + 40.97% from 1994 to the end of 1998

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