Real Estate Appreciation for Asheville, North Carolina: + 50.41%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Asheville, North Carolina: + 50.41%
- State of NC: + 32.46%
- Difference: + 55.30%
Asheville-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Asheville, North Carolina .
Lets look at Barnardsville, 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 Barnardsville, North Carolina check out Spec-Loan.com
If you were going to do a Barnardsville, North Carolina Refinance, or Barnardsville, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Barnardsville, North Carolina home was worth $98,000.00 in 1996, you could multiply by + 50.41%, add the gain and see the home should be worth $147,400.19 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Asheville-NC from 1996 to 2002:
+ 7.20%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 2002 were Honolulu-HI, Lewiston-ID-WA, Coeur-d'Alene-ID, Buffalo-Niagara-Falls-NY, and El-Paso-TX .
- Honolulu-HI only increased + 4.03% between 1996 and 2002
- Lewiston-ID-WA only increased + 10.18% between 1996 and 2002
- Coeur-d'Alene-ID only increased + 10.45% between 1996 and 2002
- Buffalo-Niagara-Falls-NY only increased + 11.08% between 1996 and 2002
- El-Paso-TX only increased + 12.08% between 1996 and 2002
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 28709 - BARNARDSVILLE, NC
MSA Pop: 381789Zip Pop: 1647
Avg Value: 72600
County: BUNCOMBE
Elev: 2134
Region: South
Lat: 35.762741
Long: -82.433296