Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 14.21%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Chattanooga, Tennessee, Georgia did compared to the state as a whole.
The Chattanooga, Tennessee, Georgia MSA property value change was + 14.21% (+ 4.74% yearly).
All of the property in TN averaged + 15.32% change in value (+ 5.11% yearly).
Chattanooga-TN-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 110.7 | + 0.34% | + 1.38% |
| 1997 | 2 | 111.2 | + 0.45% | + 1.81% |
| 1997 | 3 | 112.64 | + 1.29% | + 5.18% |
| 1997 | 4 | 114.21 | + 1.39% | + 5.58% |
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 Flintstone, Tennessee Refinance, or Flintstone, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Flintstone, Tennessee home was worth $92,000.00 in 1995, you could multiply by + 14.21%, add the gain and see the home should be worth $105,073.20 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 1995 to 1997:
+ 4.74%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- 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