Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 39.59%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Chattanooga, Tennessee, Georgia MSA appreciated + 39.59% (+ 5.66% yearly) for the period between 1999 and the end of 2005.
The state had + 32.81% total appreciation (+ 4.69% yearly).
The Chattanooga, Tennessee, Georgia MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Chattanooga-TN-GA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Ringgold, Tennessee click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Chattanooga, Tennessee, Georgia.
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 $104,000.00 in 1999, you could multiply by + 39.59%, add the gain and see the home should be worth $145,173.77 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 1999 to 2005:
+ 5.66%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2005 were Salinas-CA, Merced-CA, Naples-Marco-Island-FL, Vallejo-Fairfield-CA, and Modesto-CA .
- Salinas-CA increased +208.13% from 1999 to the end of 2005
- Merced-CA increased +193.70% from 1999 to the end of 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 to the end of 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 to the end of 2005
- Modesto-CA increased +182.15% from 1999 to the end of 2005
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
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