Real Estate Appreciation for Burlington, North Carolina: + 51.34%
Appreciation for MSAs:.
Let's start by comparing Burlington, North Carolina 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 + 51.34% (+ 4.67% yearly) for the Burlington, North Carolina MSA.
The entire state of NC had + 54.85% appreciation (+ 4.99% yearly).
The state average for North Carolina was higher than the real estate appreciation in the Burlington, North Carolina MSA. This means the conditions in the MSA for real estate investment were worse by + 6.84%.
Burlington-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Lets look at Burlington, North Carolina, a city located in Burlington, North Carolina 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 Burlington, North Carolina Refinance, or Burlington, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Burlington, North Carolina home was worth $94,000.00 in 1992, you could multiply by + 51.34%, add the gain and see the home should be worth $142,255.07 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1992 to 2002:
+ 4.67%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2002 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Barnstable-Town-MA .
- Boulder-CO increased +149.08% from 1992 to the end of 2002
- Denver-Aurora-CO increased +134.30% from 1992 to the end of 2002
- Fort-Collins-Loveland-CO increased +128.61% from 1992 to the end of 2002
- Greeley-CO increased +124.75% from 1992 to the end of 2002
- Barnstable-Town-MA increased +111.34% from 1992 to the end of 2002
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
Zip Code in MSA: 27220 - BURLINGTON, NC
MSA Pop: 136773Zip Pop: 0
Avg Value: 0
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.09552
Long: -79.43802