Real Estate Appreciation for Charlottesville, Virginia: +147.48%
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 +147.48% (+ 10.53% yearly) between 1993 and the end of 2006.
The state of VA had +143.38% total appreciation (+ 10.24% yearly).
The Charlottesville, Virginia MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 2.86% faster than the state as a whole.
Charlottesville-VA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Charlottesville, Virginia .
Lets look at Charlottesville, VIrginia, a city located in Charlottesville, Virginia MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Charlottesville, VIrginia 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 $99,000.00 in 1993, you could multiply by +147.48%, add the gain and see the home should be worth $245,009.82 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1993 to 2006:
+ 10.53%
Appreciation Comparisons
The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .
- Midland-TX lost - 26.68% from 1982 to 1995
- Midland-TX lost - 24.58% from 1983 thru 1996
- Odessa-TX lost - 17.25% from 1984 thru 1997
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
The top 5 performing MSAs from 1993 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Bend-OR, Flagstaff-AZ-UT, and Phoenix-Mesa-Scottdale-AZ .
- Salinas-CA increased +247.88% from 1993 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +240.91% from 1993 to the end of 2006
- Bend-OR increased +230.33% from 1993 to the end of 2006
- Flagstaff-AZ-UT increased +228.96% from 1993 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased +223.72% from 1993 to the end of 2006
Zip Code in MSA: 22905 - CHARLOTTESVILLE, VA
MSA Pop: 181631Zip Pop: 0
Avg Value: 0
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 38.024088
Long: -78.491307