Real Estate Appreciation for Athens Clarke County, Georgia: + 17.17%
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 + 17.17% (+ 5.72% yearly) from 2000 to 2002.
During the same time period, GA had + 17.32% (+ 5.77% yearly).
From 2000 to 2002, 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% |
| 2002 | 1 | 148.64 | + 2.05% | + 8.21% |
| 2002 | 2 | 149.53 | + 0.60% | + 2.40% |
| 2002 | 3 | 152.32 | + 1.87% | + 7.46% |
| 2002 | 4 | 153.56 | + 0.81% | + 3.26% |
Some of the ways peope use our appreciation data for Athens Clarke County, Georgia include real estate investment .
Lets look at Bogart, Georgia, a city located in Athens Clarke County, Georgia MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Georgia check out Spec-Loan.com
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 $102,000.00 in 2000, you could multiply by + 17.17%, add the gain and see the home should be worth $119,511.06 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 2000 to 2002:
+ 5.72%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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