Real Estate Appreciation for Charlottesville, Virginia: +112.68%
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 +112.68% (+ 12.52% yearly).
All of the property in VA averaged +116.77% change in value (+ 12.97% yearly).
Charlottesville-VA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
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 $102,000.00 in 1997, you could multiply by +112.68%, add the gain and see the home should be worth $216,929.03 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1997 to 2005:
+ 12.52%
Appreciation Comparisons
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
The top 5 performing MSAs from 1997 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, Merced-CA, and Vallejo-Fairfield-CA .
- Salinas-CA increased +251.65% from 1997 to the end of 2005
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 to the end of 2005
- Napa-CA increased +217.91% from 1997 to the end of 2005
- Merced-CA increased +217.12% from 1997 to the end of 2005
- Vallejo-Fairfield-CA increased +213.81% from 1997 to the end of 2005
Zip Code in MSA: 22903 - CHARLOTTESVILLE, VA
MSA Pop: 181631Zip Pop: 37666
Avg Value: 146200
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 38.034566
Long: -78.518013