Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 12.62%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Chattanooga, Tennessee, Georgia MSA appreciation it was + 12.62% (+ 4.21% yearly) from 1994 to 1996.
During the same time period, TN had + 15.21% (+ 5.07% yearly).
From 1994 to 1996, Tennessee outperformed the individual Chattanooga, Tennessee, Georgia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Chattanooga-TN-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 98.15 | + 0.19% | + 0.78% |
| 1994 | 3 | 99.22 | + 1.09% | + 4.36% |
| 1994 | 4 | 99.18 | - 0.04% | - 0.16% |
| 1995 | 1 | 100 | + 0.83% | + 3.31% |
| 1995 | 2 | 102.26 | + 2.26% | + 9.04% |
| 1995 | 3 | 103.03 | + 0.75% | + 3.01% |
| 1995 | 4 | 105.2 | + 2.11% | + 8.42% |
| 1996 | 1 | 106.83 | + 1.55% | + 6.20% |
| 1996 | 2 | 107.28 | + 0.42% | + 1.68% |
| 1996 | 3 | 108.53 | + 1.17% | + 4.66% |
| 1996 | 4 | 110.32 | + 1.65% | + 6.60% |
Lets look at Flintstone, Tennessee, a city located in Chattanooga, Tennessee, Georgia MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Flintstone, Tennessee Refinance, or Flintstone, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Flintstone, Tennessee home was worth $90,000.00 in 1994, you could multiply by + 12.62%, add the gain and see the home should be worth $101,355.66 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 1994 to 1996:
+ 4.21%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 1996 were Binghamton-NY, Kingston-NY, Riverside-San-Bernardino-Ontario-CA, Utica-Rome-NY, and Honolulu-HI .
- Binghamton-NY decreased by - 13.28% between 1994 and 1996
- Kingston-NY decreased by - 11.87% between 1994 and 1996
- Riverside-San-Bernardino-Ontario-CA decreased by - 11.33% between 1994 and 1996
- Utica-Rome-NY decreased by - 10.37% between 1994 and 1996
- Honolulu-HI decreased by - 9.66% between 1994 and 1996
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 30725 - FLINTSTONE, GA
MSA Pop: 485927Zip Pop: 3456
Avg Value: 79700
County: WALKER
Elev: 823
Region: South
Lat: 34.938431
Long: -85.33441