Real Estate Appreciation for Charlottesville, Virginia: +134.56%
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: +134.56%
- State of VA: +130.87%
- Difference: + 2.82%
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
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 $102,000.00 in 1996, you could multiply by +134.56%, add the gain and see the home should be worth $239,248.76 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1996 to 2006:
+ 12.23%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Napa-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +246.95% from 1996 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +224.19% from 1996 to the end of 2006
- Napa-CA increased +217.31% from 1996 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +214.94% from 1996 to the end of 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +214.79% from 1996 to the end of 2006
In contrast, the worst 5 MSAs from 1996 to 2006 were Lafayette-IN, Columbus-IN, Springfield-IL, Kokomo-IN, and Rochester-NY .
- Lafayette-IN only increased + 26.22% between 1996 and 2006
- Columbus-IN only increased + 30.35% between 1996 and 2006
- Springfield-IL only increased + 31.13% between 1996 and 2006
- Kokomo-IN only increased + 32.02% between 1996 and 2006
- Rochester-NY only increased + 32.46% between 1996 and 2006
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