Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Charlottesville, Virginia MSA appreciation it was + 58.14% (+ 11.63% yearly) from 2000 to 2004.

During the same time period, VA had + 60.81% (+ 12.16% yearly). From 2000 to 2004, VIrginia outperformed the individual Charlottesville, Virginia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Charlottesville, Virginia include real estate investment .

Lets look at Charlottesville, VIrginia, a city located in Charlottesville, Virginia MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $104,000.00 in 2000, you could multiply by + 58.14%, add the gain and see the home should be worth $164,466.95 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 2000 to 2004:
+ 11.63%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  2. Anchorage-AK lost - 30.21% from 1985 thru 1989

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