Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Charlottesville, Virginia MSA appreciated +100.89% (+ 14.41% yearly) for the period between 1999 and the end of 2005.

The state had +103.82% total appreciation (+ 14.83% yearly). The state average for VIrginia was higher than the real estate appreciation in the Charlottesville, Virginia MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 2.90% faster than this MSA.

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Charlottesville, VIrginia click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Charlottesville, Virginia.

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 $104,000.00 in 1999, you could multiply by +100.89%, add the gain and see the home should be worth $208,928.99 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1999 to 2005:
+ 14.41%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2005 were Salinas-CA, Merced-CA, Naples-Marco-Island-FL, Vallejo-Fairfield-CA, and Modesto-CA .

  1. Salinas-CA increased +208.13% from 1999 to the end of 2005
  2. Merced-CA increased +193.70% from 1999 to the end of 2005
  3. Naples-Marco-Island-FL increased +186.53% from 1999 to the end of 2005
  4. Vallejo-Fairfield-CA increased +185.64% from 1999 to the end of 2005
  5. Modesto-CA increased +182.15% from 1999 to the end of 2005

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