Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 19.33%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Charlotte Gastonia Concord, North Carolina, South Carlina: + 19.33%
- State of NC: + 16.89%
- Difference: + 14.45%
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 118.95 | + 1.69% | + 6.77% |
| 1998 | 2 | 119.59 | + 0.54% | + 2.15% |
| 1998 | 3 | 121.55 | + 1.64% | + 6.56% |
| 1998 | 4 | 122.45 | + 0.74% | + 2.96% |
| 1999 | 1 | 124.05 | + 1.31% | + 5.23% |
| 1999 | 2 | 125.2 | + 0.93% | + 3.71% |
| 1999 | 3 | 125.97 | + 0.62% | + 2.46% |
| 1999 | 4 | 126.88 | + 0.72% | + 2.89% |
If you need information on Hard Money Rehab Loans in Indian Trail, North Carolina look at Spec-Loan.com
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 $95,000.00 in 1996, you could multiply by + 19.33%, add the gain and see the home should be worth $113,360.29 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1996 to 1999:
+ 4.83%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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