Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Charlottesville, Virginia MSA appreciated + 2.46% (+ 1.23% yearly) between 1993 and the end of 1994.

The state of VA had + 1.41% total appreciation (+ 0.70% yearly). The Charlottesville, Virginia MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 75.08% faster than the state as a whole.

Charlottesville-VA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 97.51 - 0.30% - 1.19%
1993 3 99.63 + 2.17% + 8.70%
1993 4 98.94 - 0.69% - 2.77%
1994 1 99.22 + 0.28% + 1.13%
1994 2 98.48 - 0.75% - 2.98%
1994 3 98.75 + 0.27% + 1.10%
1994 4 100.21 + 1.48% + 5.91%


If you need information on Hard Money Rehab Loans in Charlottesville, VIrginia look at Spec-Loan.com

If you were going to do a Charlottesville, VIrginia Refinance, or Charlottesville, VIrginia Reverse Mortgages, you could estimate your home value.

If you knew your Charlottesville, VIrginia home was worth $87,000.00 in 1993, you could multiply by + 2.46%, add the gain and see the home should be worth $89,143.87 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1993 to 1994:
+ 1.23%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .

  1. Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
  2. Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
  3. Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
  4. Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
  5. Greeley-CO increased + 25.00% from 1993 to the end of 1994

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 22901 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 30753
Avg Value: 163400
County: ALBEMARLE
Elev: 0
Region: South
Lat: 38.056523
Long: -78.495851