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 + 14.50% (+ 2.42% yearly) between 1993 and the end of 1998.

The state of VA had + 11.69% total appreciation (+ 1.95% yearly). The Charlottesville, Virginia MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 24.08% faster than the state as a whole.

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


Lets look at Charlottesville, VIrginia, a city located in Charlottesville, Virginia MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out 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 $91,000.00 in 1993, you could multiply by + 14.50%, add the gain and see the home should be worth $104,194.07 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1993 to 1998:
+ 2.42%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Anchorage-AK lost - 33.17% from 1984 thru 1989
  2. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 22902 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 18468
Avg Value: 111800
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 38.00028
Long: -78.46362