Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Chattanooga, Tennessee, Georgia MSA appreciated + 29.56% (+ 4.93% yearly) between 1993 and the end of 1998.

The state of TN had + 33.28% total appreciation (+ 5.55% yearly). The state average for Tennessee was higher than the real estate appreciation in the Chattanooga, Tennessee, Georgia MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 12.61% faster than this MSA.

Chattanooga-TN-GA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a La Fayette, Tennessee Refinance, or La Fayette, Tennessee Reverse Mortgages, you could estimate your home value.

If you knew your La Fayette, Tennessee home was worth $91,000.00 in 1993, you could multiply by + 29.56%, add the gain and see the home should be worth $117,897.28 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 1993 to 1998:
+ 4.93%

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. Anchorage-AK lost - 33.17% from 1984 thru 1989
  2. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 30728 - LA FAYETTE, GA

MSA Pop: 485927
Zip Pop: 17279
Avg Value: 66500
County: WALKER
Elev: 823
Region: South
Lat: 34.710187
Long: -85.286264