Real Estate Appreciation for Athens Clarke County, Georgia: + 16.27%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Athens Clarke County, Georgia did compared to the state as a whole.
The Athens Clarke County, Georgia MSA property value change was + 16.27% (+ 5.42% yearly).
All of the property in GA averaged + 15.89% change in value (+ 5.30% yearly).
Athens-Clarke-County-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.77 | + 2.77% | + 11.08% |
| 1995 | 3 | 104.57 | + 1.75% | + 7.01% |
| 1995 | 4 | 107.67 | + 2.96% | + 11.86% |
| 1996 | 1 | 106.46 | - 1.12% | - 4.50% |
| 1996 | 2 | 107.21 | + 0.70% | + 2.82% |
| 1996 | 3 | 107.92 | + 0.66% | + 2.65% |
| 1996 | 4 | 110.68 | + 2.56% | + 10.23% |
| 1997 | 1 | 110.53 | - 0.14% | - 0.54% |
| 1997 | 2 | 113.75 | + 2.91% | + 11.65% |
| 1997 | 3 | 114.89 | + 1.00% | + 4.01% |
| 1997 | 4 | 116.27 | + 1.20% | + 4.80% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Bogart, Georgia Refinance, or Bogart, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Bogart, Georgia home was worth $92,000.00 in 1995, you could multiply by + 16.27%, add the gain and see the home should be worth $106,968.40 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 1995 to 1997:
+ 5.42%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997
Zip Code in MSA: 30622 - BOGART, GA
MSA Pop: 172232Zip Pop: 7685
Avg Value: 125600
County: OCONEE
Elev: 736
Region: South
Lat: 33.91868
Long: -83.526979