Appreciation for MSAs:.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

  • Charlottesville, Virginia: + 8.52%
  • State of VA: + 5.94%
  • Difference: + 43.33%

Charlottesville-VA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1996 2 103.22 + 0.03% + 0.12%
1996 3 102.62 - 0.58% - 2.33%
1996 4 104.54 + 1.87% + 7.48%
1997 1 104.69 + 0.14% + 0.57%
1997 2 104.77 + 0.08% + 0.31%
1997 3 106.83 + 1.97% + 7.86%
1997 4 108.47 + 1.54% + 6.14%
1998 1 107.48 - 0.91% - 3.65%
1998 2 109.21 + 1.61% + 6.44%
1998 3 109.99 + 0.71% + 2.86%
1998 4 111.98 + 1.81% + 7.24%


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 $94,000.00 in 1996, you could multiply by + 8.52%, add the gain and see the home should be worth $102,007.17 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1996 to 1998:
+ 2.84%

Appreciation Comparisons

The worst 5 MSAs from 1996 to 1998 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and El-Paso-TX .

  1. Honolulu-HI decreased by - 11.67% between 1996 and 1998
  2. Buffalo-Niagara-Falls-NY decreased by - 0.04% between 1996 and 1998
  3. Albany-Schenectady-Troy-NY only increased + 0.13% between 1996 and 1998
  4. Utica-Rome-NY only increased + 0.29% between 1996 and 1998
  5. El-Paso-TX only increased + 0.32% between 1996 and 1998

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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