Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Asheville, North Carolina did compared to the state as a whole.

The Asheville, North Carolina MSA property value change was + 59.32% (+ 7.42% yearly).

All of the property in NC averaged + 37.90% change in value (+ 4.74% yearly).

Asheville-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation


Lets look at Bat Cave, North Carolina, a city located in Asheville, North Carolina MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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

If you knew your Bat Cave, North Carolina home was worth $101,000.00 in 1997, you could multiply by + 59.32%, add the gain and see the home should be worth $160,915.86 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1997 to 2004:
+ 7.42%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .

  1. San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
  2. Salinas-CA increased +182.20% from 1997 to the end of 2004
  3. Napa-CA increased +169.41% from 1997 to the end of 2004
  4. Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
  5. San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004

For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

Zip Code in MSA: 28710 - BAT CAVE, NC

MSA Pop: 381789
Zip Pop: 176
Avg Value: 101700
County: HENDERSON
Elev: 2146
Region: South
Lat: 35.431786
Long: -82.544982