Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 31.85%
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 + 31.85% (+ 4.55% yearly) from 1994 to 2000.
During the same time period, TN had + 34.12% (+ 4.87% yearly).
From 1994 to 2000, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Ringgold, 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 Ringgold, Tennessee Refinance, or Ringgold, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Ringgold, Tennessee home was worth $94,000.00 in 1994, you could multiply by + 31.85%, add the gain and see the home should be worth $123,938.75 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 1994 to 2000:
+ 4.55%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2000 were Honolulu-HI, Utica-Rome-NY, Albany-Schenectady-Troy-NY, Bakersfield-CA, and Binghamton-NY .
- Honolulu-HI decreased by - 13.20% between 1994 and 2000
- Utica-Rome-NY decreased by - 0.93% between 1994 and 2000
- Albany-Schenectady-Troy-NY only increased + 0.49% between 1994 and 2000
- Bakersfield-CA only increased + 1.73% between 1994 and 2000
- Binghamton-NY only increased + 1.91% between 1994 and 2000
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 30736 - RINGGOLD, GA
MSA Pop: 485927Zip Pop: 33776
Avg Value: 96600
County: CATOOSA
Elev: 781
Region: South
Lat: 34.932522
Long: -85.150514