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 + 6.69% (+ 3.34% yearly).

All of the property in GA averaged + 11.43% change in value (+ 5.72% yearly).

Augusta-Richmond-County-GA-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 106.5 + 0.35% + 1.39%
1997 3 105.8 - 0.66% - 2.63%
1997 4 110.17 + 4.13% + 16.52%
1998 1 111.61 + 1.31% + 5.23%
1998 2 111.14 - 0.42% - 1.68%
1998 3 111.61 + 0.42% + 1.69%
1998 4 113.23 + 1.45% + 5.81%


Some of the ways peope use our appreciation data for Augusta Richmond County, Georgia, South Carlina include real estate investment .

Lets look at Monetta, Georgia, a city located in Augusta Richmond County, Georgia, South Carlina MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $95,000.00 in 1997, you could multiply by + 6.69%, add the gain and see the home should be worth $101,355.41 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 1997 to 1998:
+ 3.34%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

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 .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. 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 .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 29105 - MONETTA, SC

MSA Pop: 511487
Zip Pop: 1203
Avg Value: 39200
County: AIKEN
Elev: 490
Region: South
Lat: 33.756063
Long: -81.557694