Real Estate Appreciation for Burlington, North Carolina: + 44.48%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Burlington, North Carolina MSA appreciated + 44.48% (+ 4.94% yearly) between 1993 and the end of 2001.
The state of NC had + 46.99% total appreciation (+ 5.22% 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 than the state as a whole. The state appreaciated + 5.64% faster than this MSA.
Burlington-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Burlington, North Carolina .
Lets look at Burlington, North Carolina, a city located in Burlington, North Carolina MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Burlington, North Carolina 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 1993, you could multiply by + 44.48%, add the gain and see the home should be worth $135,810.73 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1993 to 2001:
+ 4.94%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 27217 - BURLINGTON, NC
MSA Pop: 136773Zip Pop: 34264
Avg Value: 80400
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.126959
Long: -79.415444