Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 25.35%
Appreciation for MSAs:.
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 + 25.35% (+ 8.45% yearly) from 2004 to 2006.
During the same time period, GA had + 15.21% (+ 5.07% yearly).
You can see that the Augusta Richmond County, Georgia, South Carlina MSA experienced higher appreciation in this case.
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 139.37 | + 3.23% | + 12.92% |
| 2004 | 3 | 139.59 | + 0.16% | + 0.63% |
| 2004 | 4 | 141.77 | + 1.56% | + 6.25% |
| 2005 | 1 | 144.4 | + 1.86% | + 7.42% |
| 2005 | 2 | 149.69 | + 3.66% | + 14.65% |
| 2005 | 3 | 150.34 | + 0.43% | + 1.74% |
| 2005 | 4 | 154.22 | + 2.58% | + 10.32% |
| 2006 | 1 | 158.87 | + 3.02% | + 12.06% |
| 2006 | 2 | 160.44 | + 0.99% | + 3.95% |
| 2006 | 3 | 165.84 | + 3.37% | + 13.46% |
| 2006 | 4 | 169.24 | + 2.05% | + 8.20% |
Lets look at Monetta, 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 Monetta, Georgia Refinance, or Monetta, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Monetta, Georgia home was worth $110,000.00 in 2004, you could multiply by + 25.35%, add the gain and see the home should be worth $137,889.05 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2004 to 2006:
+ 8.45%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
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
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