Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 3.46%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Augusta Richmond County, Georgia, South Carlina MSA appreciated + 3.46% (+ 1.15% yearly) between 1993 and the end of 1995.
The state of GA had + 9.91% total appreciation (+ 3.30% yearly).
The state average for Georgia was higher than the real estate appreciation in the Augusta Richmond County, Georgia, South Carlina MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +186.65% faster than this MSA.
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 102.01 | + 0.50% | + 2.01% |
| 1993 | 3 | 102.56 | + 0.54% | + 2.16% |
| 1993 | 4 | 103.21 | + 0.63% | + 2.54% |
| 1994 | 1 | 102.99 | - 0.21% | - 0.85% |
| 1994 | 2 | 103.82 | + 0.81% | + 3.22% |
| 1994 | 3 | 103.06 | - 0.73% | - 2.93% |
| 1994 | 4 | 102.29 | - 0.75% | - 2.99% |
| 1995 | 1 | 100 | - 2.24% | - 8.95% |
| 1995 | 2 | 103.05 | + 3.05% | + 12.20% |
| 1995 | 3 | 103.92 | + 0.84% | + 3.38% |
| 1995 | 4 | 105.01 | + 1.05% | + 4.20% |
There are a lot of ways to use the appreciation data for Augusta Richmond County, Georgia, South Carlina .
Lets look at Monetta, Georgia, a city located in Augusta Richmond County, Georgia, South Carlina MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Monetta, Georgia check out Spec-Loan.com
If you were going to do a Monetta, Georgia Refinance, or Monetta, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Monetta, Georgia home was worth $88,000.00 in 1993, you could multiply by + 3.46%, add the gain and see the home should be worth $91,043.15 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 1993 to 1995:
+ 1.15%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
In contrast, the worst 5 MSAs from 1993 to 1995 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.41% between 1993 and 1995
- Binghamton-NY decreased by - 10.14% between 1993 and 1995
- Kingston-NY decreased by - 9.24% between 1993 and 1995
- Utica-Rome-NY decreased by - 9.14% between 1993 and 1995
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 7.65% between 1993 and 1995
Zip Code in MSA: 29105 - MONETTA, SC
MSA Pop: 511487Zip Pop: 1203
Avg Value: 39200
County: AIKEN
Elev: 490
Region: South
Lat: 33.756063
Long: -81.557694