Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 9.22%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Augusta Richmond County, Georgia, South Carlina MSA appreciated + 9.22% (+ 3.07% yearly) for the period between 1999 and the end of 2001.
The state had + 18.85% total appreciation (+ 6.28% yearly).
The state average for Georgia was higher than the real estate appreciation in the Augusta Richmond County, Georgia, South Carlina MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +104.51% faster than this MSA.
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $100,000.00 in 1999, you could multiply by + 9.22%, add the gain and see the home should be worth $109,217.32 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 1999 to 2001:
+ 3.07%
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 1999 to 2001 were Salinas-CA, Santa-Rosa-Petaluma-CA, Vallejo-Fairfield-CA, Barnstable-Town-MA, and Santa-Cruz-Watsonville-CA .
- Salinas-CA increased + 55.48% from 1999 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 53.43% from 1999 to the end of 2001
- Vallejo-Fairfield-CA increased + 52.75% from 1999 to the end of 2001
- Barnstable-Town-MA increased + 51.91% from 1999 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 51.50% from 1999 to the end of 2001
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