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 Asheville, North Carolina MSA appreciated + 60.18% (+ 8.60% yearly) for the period between 1999 and the end of 2005.

The state had + 35.95% total appreciation (+ 5.14% yearly). The Asheville, North Carolina 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.

Asheville-NC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 $104,000.00 in 1999, you could multiply by + 60.18%, add the gain and see the home should be worth $166,582.04 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1999 to 2005:
+ 8.60%

Appreciation Comparisons

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

The top 5 performing MSAs from 1999 to 2005 were Salinas-CA, Merced-CA, Naples-Marco-Island-FL, Vallejo-Fairfield-CA, and Modesto-CA .

  1. Salinas-CA increased +208.13% from 1999 to the end of 2005
  2. Merced-CA increased +193.70% from 1999 to the end of 2005
  3. Naples-Marco-Island-FL increased +186.53% from 1999 to the end of 2005
  4. Vallejo-Fairfield-CA increased +185.64% from 1999 to the end of 2005
  5. Modesto-CA increased +182.15% from 1999 to the end of 2005

Zip Code in MSA: 28709 - BARNARDSVILLE, NC

MSA Pop: 381789
Zip Pop: 1647
Avg Value: 72600
County: BUNCOMBE
Elev: 2134
Region: South
Lat: 35.762741
Long: -82.433296