Real Estate Appreciation for Burlington, North Carolina: + 13.49%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Burlington, North Carolina did compared to the state as a whole.
The Burlington, North Carolina MSA property value change was + 13.49% (+ 4.50% yearly).
All of the property in NC averaged + 14.70% change in value (+ 4.90% yearly).
Burlington-NC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 99.96 | - 0.04% | - 0.16% |
| 1995 | 3 | 102.2 | + 2.24% | + 8.96% |
| 1995 | 4 | 101.53 | - 0.66% | - 2.62% |
| 1996 | 1 | 105.58 | + 3.99% | + 15.96% |
| 1996 | 2 | 106.09 | + 0.48% | + 1.93% |
| 1996 | 3 | 107.38 | + 1.22% | + 4.86% |
| 1996 | 4 | 108.08 | + 0.65% | + 2.61% |
| 1997 | 1 | 109.39 | + 1.21% | + 4.85% |
| 1997 | 2 | 110.62 | + 1.12% | + 4.50% |
| 1997 | 3 | 110.9 | + 0.25% | + 1.01% |
| 1997 | 4 | 113.49 | + 2.34% | + 9.34% |
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 Altamahaw, North Carolina 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 Burlington, North Carolina.
If you were going to do a Altamahaw, North Carolina Refinance, or Altamahaw, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Altamahaw, North Carolina home was worth $92,000.00 in 1995, you could multiply by + 13.49%, add the gain and see the home should be worth $104,410.80 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1995 to 1997:
+ 4.50%
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
Zip Code in MSA: 27202 - ALTAMAHAW, NC
MSA Pop: 136773Zip Pop: 24
Avg Value: 45000
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.186466
Long: -79.505991