Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 6.97%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Augusta Richmond County, Georgia, South Carlina MSA appreciation it was + 6.97% (+ 1.74% yearly) from 1994 to 1997.
During the same time period, GA had + 17.54% (+ 4.38% yearly).
From 1994 to 1997, Georgia outperformed the individual Augusta Richmond County, Georgia, South Carlina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1996 | 1 | 106.49 | + 1.41% | + 5.64% |
| 1996 | 2 | 104.22 | - 2.13% | - 8.53% |
| 1996 | 3 | 104.65 | + 0.41% | + 1.65% |
| 1996 | 4 | 105.33 | + 0.65% | + 2.60% |
| 1997 | 1 | 106.13 | + 0.76% | + 3.04% |
| 1997 | 2 | 106.5 | + 0.35% | + 1.39% |
| 1997 | 3 | 105.8 | - 0.66% | - 2.63% |
| 1997 | 4 | 110.17 | + 4.13% | + 16.52% |
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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 $91,000.00 in 1994, you could multiply by + 6.97%, add the gain and see the home should be worth $97,344.11 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 1994 to 1997:
+ 1.74%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
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