Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 7.49%
Appreciation for MSAs:.
Let's start by comparing Augusta Richmond County, Georgia, South Carlina to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 7.49% (+ 3.74% yearly) for the Augusta Richmond County, Georgia, South Carlina MSA.
The entire state of GA had + 7.14% appreciation (+ 3.57% yearly).
The Augusta Richmond County, Georgia, South Carlina MSA beat out the state. by + 4.83% appreciation.
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 2002, you could multiply by + 7.49%, add the gain and see the home should be worth $112,861.14 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2002 to 2003:
+ 3.74%
Appreciation Comparisons
The worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
- Lafayette-IN only increased + 2.02% between 2002 and 2003
- Fayetteville-NC only increased + 2.05% between 2002 and 2003
- Logan-UT-ID only increased + 2.05% between 2002 and 2003
- Provo-Orem-UT only increased + 2.06% between 2002 and 2003
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 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