Real Estate Appreciation for Athens Clarke County, Georgia: + 11.13%
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 Athens Clarke County, Georgia MSA appreciation it was + 11.13% (+ 5.57% yearly) from 2000 to 2001.
During the same time period, GA had + 12.23% (+ 6.12% yearly).
From 2000 to 2001, Georgia outperformed the individual Athens Clarke County, Georgia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Athens-Clarke-County-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 131.09 | + 0.02% | + 0.09% |
| 2000 | 3 | 134.81 | + 2.84% | + 11.35% |
| 2000 | 4 | 137.62 | + 2.08% | + 8.34% |
| 2001 | 1 | 141.56 | + 2.86% | + 11.45% |
| 2001 | 2 | 141.55 | - 0.01% | - 0.03% |
| 2001 | 3 | 143.7 | + 1.52% | + 6.08% |
| 2001 | 4 | 145.65 | + 1.36% | + 5.43% |
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 Bishop, Georgia 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 Athens Clarke County, Georgia.
If you were going to do a Bishop, Georgia Refinance, or Bishop, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Bishop, Georgia home was worth $101,000.00 in 2000, you could multiply by + 11.13%, add the gain and see the home should be worth $112,243.63 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 2000 to 2001:
+ 5.57%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 30621 - BISHOP, GA
MSA Pop: 172232Zip Pop: 3226
Avg Value: 116200
County: OCONEE
Elev: 736
Region: South
Lat: 33.83322
Long: -83.47207