Real Estate Appreciation for Asheville, North Carolina: + 68.64%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 68.64% (+ 9.81% yearly) from 2000 to 2006.
During the same time period, NC had + 39.48% (+ 5.64% 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 OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Barnardsville, North Carolina click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Asheville, North Carolina.
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 $106,000.00 in 2000, you could multiply by + 68.64%, add the gain and see the home should be worth $178,760.05 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Asheville-NC from 2000 to 2006:
+ 9.81%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2006 were Naples-Marco-Island-FL, Riverside-San-Bernardino-Ontario-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Merced-CA, and Bakersfield-CA .
- Naples-Marco-Island-FL increased +181.38% from 2000 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +177.29% from 2000 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +176.02% from 2000 to the end of 2006
- Merced-CA increased +174.94% from 2000 to the end of 2006
- Bakersfield-CA increased +170.91% from 2000 to the end of 2006
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
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