Real Estate Appreciation for Burlington, North Carolina: + 41.81%
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 + 41.81% (+ 3.80% yearly).
All of the property in NC averaged + 64.40% change in value (+ 5.85% yearly).
Burlington-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 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 $100,000.00 in 1995, you could multiply by + 41.81%, add the gain and see the home should be worth $141,810.00 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1995 to 2005:
+ 3.80%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
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