Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 12.33%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Augusta Richmond County, Georgia, South Carlina MSA appreciation it was + 12.33% (+ 4.11% yearly) from 2000 to 2002.
During the same time period, GA had + 17.32% (+ 5.77% yearly).
From 2000 to 2002, Georgia outperformed the individual Augusta Richmond County, Georgia, South Carlina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 125.02 | + 0.10% | + 0.42% |
| 2002 | 2 | 125.26 | + 0.19% | + 0.77% |
| 2002 | 3 | 127.66 | + 1.92% | + 7.66% |
| 2002 | 4 | 128.8 | + 0.89% | + 3.57% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $102,000.00 in 2000, you could multiply by + 12.33%, add the gain and see the home should be worth $114,578.75 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2000 to 2002:
+ 4.11%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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