Real Estate Appreciation for Augusta Richmond County, Georgia, South Carlina: + 17.20%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Augusta Richmond County, Georgia, South Carlina did compared to the state as a whole.
The Augusta Richmond County, Georgia, South Carlina MSA property value change was + 17.20% (+ 8.60% yearly).
All of the property in GA averaged + 8.98% change in value (+ 4.49% yearly).
Augusta-Richmond-County-GA-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $111,000.00 in 2005, you could multiply by + 17.20%, add the gain and see the home should be worth $130,094.46 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Augusta-Richmond-County-GA-SC from 2005 to 2006:
+ 8.60%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2005 to 2006 were Saginaw-Saginaw-Township-North-MI, Flint-MI, Kokomo-IN, Muncie-IN, and Ann-Arbor-MI .
- Saginaw-Saginaw-Township-North-MI decreased by - 3.27% between 2005 and 2006
- Flint-MI decreased by - 1.05% between 2005 and 2006
- Kokomo-IN decreased by - 1.00% between 2005 and 2006
- Muncie-IN only increased + 0.20% between 2005 and 2006
- Ann-Arbor-MI only increased + 0.22% between 2005 and 2006
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