Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 39.33%
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 + 39.33% (+ 6.55% yearly) for the period between 2001 and the end of 2006.
The state had + 31.10% total appreciation (+ 5.18% yearly).
The Augusta Richmond County, Georgia, South Carlina MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Augusta-Richmond-County-GA-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
Lets look at Salley, Georgia, a city located in Augusta Richmond County, Georgia, South Carlina MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Salley, Georgia Refinance, or Salley, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Salley, Georgia home was worth $107,000.00 in 2001, you could multiply by + 39.33%, add the gain and see the home should be worth $149,079.44 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2001 to 2006:
+ 6.55%
Appreciation Comparisons
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 29137 - SALLEY, SC
MSA Pop: 511487Zip Pop: 2766
Avg Value: 54700
County: AIKEN
Elev: 490
Region: South
Lat: 33.636079
Long: -81.294068