Real Estate Appreciation for Charlottesville, Virginia: + 89.51%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Charlottesville, Virginia MSA appreciation it was + 89.51% (+ 8.14% yearly) from 1994 to 2004.
During the same time period, VA had + 88.04% (+ 8.00% yearly).
You can see that the Charlottesville, Virginia MSA experienced higher appreciation in this case.
Charlottesville-VA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Charlottesville, Virginia include real estate investment .
Lets look at Charlottesville, VIrginia, a city located in Charlottesville, Virginia MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $98,000.00 in 1994, you could multiply by + 89.51%, add the gain and see the home should be worth $185,718.00 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1994 to 2004:
+ 8.14%
Appreciation Comparisons
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
The top 5 performing MSAs from 1994 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Napa-CA .
- Salinas-CA increased +183.29% from 1994 to the end of 2004
- Barnstable-Town-MA increased +180.31% from 1994 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +177.79% from 1994 to the end of 2004
- Oxnard-Thousand-Oaks-Ventura-CA increased +156.30% from 1994 to the end of 2004
- Napa-CA increased +156.18% from 1994 to the end of 2004
Zip Code in MSA: 22904 - CHARLOTTESVILLE, VA
MSA Pop: 181631Zip Pop: 0
Avg Value: 0
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 37.998458
Long: -78.470419