Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 10.17%
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 + 10.17% (+ 3.39% yearly).
All of the property in GA averaged + 15.89% change in value (+ 5.30% 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% |
| 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% |
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 $92,000.00 in 1995, you could multiply by + 10.17%, add the gain and see the home should be worth $101,356.40 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 1995 to 1997:
+ 3.39%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 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