Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 11.90%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Augusta Richmond County, Georgia, South Carlina: + 11.90%
- State of GA: + 26.00%
- Difference: - 54.23%
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 111.14 | - 0.42% | - 1.68% |
| 1998 | 3 | 111.61 | + 0.42% | + 1.69% |
| 1998 | 4 | 113.23 | + 1.45% | + 5.81% |
| 1999 | 1 | 114.35 | + 0.99% | + 3.96% |
| 1999 | 2 | 113.73 | - 0.54% | - 2.17% |
| 1999 | 3 | 114.35 | + 0.55% | + 2.18% |
| 1999 | 4 | 113.86 | - 0.43% | - 1.71% |
| 2000 | 1 | 114.66 | + 0.70% | + 2.81% |
| 2000 | 2 | 115.46 | + 0.70% | + 2.79% |
| 2000 | 3 | 117.15 | + 1.46% | + 5.85% |
| 2000 | 4 | 118.03 | + 0.75% | + 3.00% |
| 2001 | 1 | 121.47 | + 2.91% | + 11.66% |
| 2001 | 2 | 122.49 | + 0.84% | + 3.36% |
| 2001 | 3 | 122.73 | + 0.20% | + 0.78% |
| 2001 | 4 | 124.89 | + 1.76% | + 7.04% |
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 $99,000.00 in 1998, you could multiply by + 11.90%, add the gain and see the home should be worth $110,779.59 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 1998 to 2001:
+ 2.97%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1998 to 2001 were Wenatchee-WA, Midland-TX, Albuquerque-NM, Grand-Forks-ND-MN, and Springfield-IL .
- Wenatchee-WA only increased + 5.36% between 1998 and 2001
- Midland-TX only increased + 5.49% between 1998 and 2001
- Albuquerque-NM only increased + 5.79% between 1998 and 2001
- Grand-Forks-ND-MN only increased + 6.02% between 1998 and 2001
- Springfield-IL only increased + 6.24% between 1998 and 2001
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 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