Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 13.40%
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 + 13.40% (+ 4.47% yearly) for the Augusta Richmond County, Georgia, South Carlina MSA.
The entire state of GA had + 13.15% appreciation (+ 4.38% yearly).
The Augusta Richmond County, Georgia, South Carlina MSA beat out the state. by + 1.92% 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% |
| 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% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Monetta, Georgia click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Augusta Richmond County, Georgia, South Carlina.
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 $106,000.00 in 2002, you could multiply by + 13.40%, add the gain and see the home should be worth $120,201.73 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2002 to 2004:
+ 4.47%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- 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