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: + 44.08%
  • State of VA: + 41.07%
  • Difference: + 7.35%

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Charlottesville-VA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in VIrginia, you can do some research 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 $98,000.00 in 1996, you could multiply by + 44.08%, add the gain and see the home should be worth $141,202.05 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1996 to 2002:
+ 6.30%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1996 to 2002 were Honolulu-HI, Lewiston-ID-WA, Coeur-d'Alene-ID, Buffalo-Niagara-Falls-NY, and El-Paso-TX .

  1. Honolulu-HI only increased + 4.03% between 1996 and 2002
  2. Lewiston-ID-WA only increased + 10.18% between 1996 and 2002
  3. Coeur-d'Alene-ID only increased + 10.45% between 1996 and 2002
  4. Buffalo-Niagara-Falls-NY only increased + 11.08% between 1996 and 2002
  5. El-Paso-TX only increased + 12.08% between 1996 and 2002

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

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