Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 21.63%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Charlotte Gastonia Concord, North Carolina, South Carlina MSA appreciation it was + 21.63% (+ 5.41% yearly) from 1994 to 1997.
During the same time period, NC had + 19.96% (+ 4.99% yearly).
You can see that the Charlotte Gastonia Concord, North Carolina, South Carlina MSA experienced higher appreciation in this case.
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 97.17 | + 1.04% | + 4.16% |
| 1994 | 3 | 98.67 | + 1.54% | + 6.17% |
| 1994 | 4 | 99.59 | + 0.93% | + 3.73% |
| 1995 | 1 | 100 | + 0.41% | + 1.65% |
| 1995 | 2 | 101.69 | + 1.69% | + 6.76% |
| 1995 | 3 | 103.65 | + 1.93% | + 7.71% |
| 1995 | 4 | 104.62 | + 0.94% | + 3.74% |
| 1996 | 1 | 106.33 | + 1.63% | + 6.54% |
| 1996 | 2 | 107.95 | + 1.52% | + 6.09% |
| 1996 | 3 | 109.78 | + 1.70% | + 6.78% |
| 1996 | 4 | 110.67 | + 0.81% | + 3.24% |
| 1997 | 1 | 111.97 | + 1.17% | + 4.70% |
| 1997 | 2 | 114.05 | + 1.86% | + 7.43% |
| 1997 | 3 | 115.11 | + 0.93% | + 3.72% |
| 1997 | 4 | 116.97 | + 1.62% | + 6.46% |
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 Indian Trail, 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 Charlotte Gastonia Concord, North Carolina, South Carlina.
If you were going to do a Indian Trail, North Carolina Refinance, or Indian Trail, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Indian Trail, North Carolina home was worth $91,000.00 in 1994, you could multiply by + 21.63%, add the gain and see the home should be worth $110,681.81 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1994 to 1997:
+ 5.41%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 28079 - INDIAN TRAIL, NC
MSA Pop: 1437427Zip Pop: 11315
Avg Value: 124900
County: UNION
Elev: 576
Region: South
Lat: 35.097816
Long: -80.629431