Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 45.29%
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 + 45.29% (+ 5.03% yearly) from 1994 to 2002.
During the same time period, TN had + 45.18% (+ 5.02% yearly).
You can see that the Chattanooga, Tennessee, Georgia MSA experienced higher appreciation in this case.
Chattanooga-TN-GA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
Lets look at Rock Spring, 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 Rock Spring, Tennessee Refinance, or Rock Spring, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Rock Spring, Tennessee home was worth $96,000.00 in 1994, you could multiply by + 45.29%, add the gain and see the home should be worth $139,482.24 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 1994 to 2002:
+ 5.03%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2002 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Buffalo-Niagara-Falls-NY, and Rochester-NY .
- Honolulu-HI only increased + 0.38% between 1994 and 2002
- Utica-Rome-NY only increased + 11.21% between 1994 and 2002
- Binghamton-NY only increased + 12.32% between 1994 and 2002
- Buffalo-Niagara-Falls-NY only increased + 13.28% between 1994 and 2002
- Rochester-NY only increased + 13.43% between 1994 and 2002
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 30739 - ROCK SPRING, GA
MSA Pop: 485927Zip Pop: 3708
Avg Value: 81100
County: WALKER
Elev: 823
Region: South
Lat: 34.899304
Long: -85.28377