Real Estate Appreciation for Auburn Opelika, Alabama: + 41.65%
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 Auburn Opelika, Alabama MSA appreciation it was + 41.65% (+ 6.94% yearly) from 2000 to 2005.
During the same time period, AL had + 33.59% (+ 5.60% yearly).
You can see that the Auburn Opelika, Alabama MSA experienced higher appreciation in this case.
Auburn-Opelika-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Auburn-Opelika-AL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Alabama, you can do some research at Spec-Loan.com.
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 $105,000.00 in 2000, you could multiply by + 41.65%, add the gain and see the home should be worth $148,734.10 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Auburn-Opelika-AL from 2000 to 2005:
+ 6.94%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 36830 - AUBURN, AL
MSA Pop: 119561Zip Pop: 27176
Avg Value: 126900
County: LEE
Elev: 822
Region: South
Lat: 32.600699
Long: -85.475524