Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 16.71%
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 + 16.71% (+ 4.18% yearly) for the period between 2001 and the end of 2004.
The state had + 18.52% total appreciation (+ 4.63% 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 + 10.82% faster than this MSA.
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 135.01 | + 0.47% | + 1.88% |
| 2004 | 2 | 139.37 | + 3.23% | + 12.92% |
| 2004 | 3 | 139.59 | + 0.16% | + 0.63% |
| 2004 | 4 | 141.77 | + 1.56% | + 6.25% |
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 $105,000.00 in 2001, you could multiply by + 16.71%, add the gain and see the home should be worth $122,547.54 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2001 to 2004:
+ 4.18%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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