Real Estate Appreciation for Burlington, North Carolina: + 21.74%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Burlington, North Carolina MSA appreciation it was + 21.74% (+ 3.11% yearly) from 2000 to 2006.
During the same time period, NC had + 39.48% (+ 5.64% yearly).
From 2000 to 2006, North Carolina outperformed the individual Burlington, North Carolina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Burlington-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Burlington, North Carolina include real estate investment .
Lets look at Burlington, North Carolina, a city located in Burlington, North Carolina 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 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 $106,000.00 in 2000, you could multiply by + 21.74%, add the gain and see the home should be worth $129,048.75 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 2000 to 2006:
+ 3.11%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 27216 - BURLINGTON, NC
MSA Pop: 136773Zip Pop: 0
Avg Value: 0
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.084092
Long: -79.412702