Real Estate Appreciation for Charlottesville, Virginia: + 27.59%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Charlottesville, Virginia did compared to the state as a whole.
The Charlottesville, Virginia MSA property value change was + 27.59% (+ 4.60% yearly).
All of the property in VA averaged + 24.47% change in value (+ 4.08% yearly).
Charlottesville-VA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 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 $95,000.00 in 1995, you could multiply by + 27.59%, add the gain and see the home should be worth $121,210.50 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1995 to 2000:
+ 4.60%
Appreciation Comparisons
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
Zip Code in MSA: 22902 - CHARLOTTESVILLE, VA
MSA Pop: 181631Zip Pop: 18468
Avg Value: 111800
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 38.00028
Long: -78.46362