Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 5.33%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Augusta Richmond County, Georgia, South Carlina did compared to the state as a whole.
The Augusta Richmond County, Georgia, South Carlina MSA property value change was + 5.33% (+ 2.66% yearly).
All of the property in GA averaged + 9.21% change in value (+ 4.61% yearly).
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 Augusta-Richmond-County-GA-SC here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Georgia, you can do some research at 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 $91,000.00 in 1995, you could multiply by + 5.33%, add the gain and see the home should be worth $95,850.30 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 1995 to 1996:
+ 2.66%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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