Real Estate Appreciation for Auburn Opelika, Alabama: + 47.42%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Auburn Opelika, Alabama: + 47.42%
- State of AL: + 38.50%
- Difference: + 23.15%
Auburn-Opelika-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
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 Auburn, Alabama Refinance, or Auburn, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Auburn, Alabama home was worth $100,000.00 in 1996, you could multiply by + 47.42%, add the gain and see the home should be worth $147,416.78 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 1996 to 2004:
+ 5.27%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 2004 were Florence-Muscle-Shoals-AL, Columbus-IN, Springfield-IL, El-Paso-TX, and Jackson-TN .
- Florence-Muscle-Shoals-AL only increased + 19.09% between 1996 and 2004
- Columbus-IN only increased + 21.32% between 1996 and 2004
- Springfield-IL only increased + 21.65% between 1996 and 2004
- El-Paso-TX only increased + 22.29% between 1996 and 2004
- Jackson-TN only increased + 22.40% between 1996 and 2004
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 36832 - AUBURN, AL
MSA Pop: 119561Zip Pop: 18794
Avg Value: 35300
County: LEE
Elev: 822
Region: South
Lat: 32.5929
Long: -85.480322