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 + 17.20% (+ 4.30% yearly) from 2000 to 2003.

During the same time period, GA had + 21.20% (+ 5.30% yearly). From 2000 to 2003, 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2003 1 130.15 + 1.05% + 4.19%
2003 2 131.35 + 0.92% + 3.69%
2003 3 131.53 + 0.14% + 0.55%
2003 4 134.38 + 2.17% + 8.67%


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 $103,000.00 in 2000, you could multiply by + 17.20%, add the gain and see the home should be worth $120,714.63 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2000 to 2003:
+ 4.30%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .

  1. Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
  2. Wenatchee-WA only increased + 7.51% between 2000 and 2003
  3. Provo-Orem-UT only increased + 8.27% between 2000 and 2003
  4. Jackson-TN only increased + 8.39% between 2000 and 2003
  5. Lafayette-IN only increased + 8.43% between 2000 and 2003

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 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