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 + 7.52% (+ 3.76% yearly) for the period between 2001 and the end of 2002.

The state had + 5.58% total appreciation (+ 2.79% 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 133.83 + 1.10% + 4.41%
2001 3 134.95 + 0.84% + 3.35%
2001 4 136.93 + 1.47% + 5.87%
2002 1 137.49 + 0.41% + 1.64%
2002 2 138.09 + 0.44% + 1.75%
2002 3 141.49 + 2.46% + 9.85%
2002 4 142.33 + 0.59% + 2.37%


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 Chickamauga, 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 Chickamauga, Tennessee Refinance, or Chickamauga, Tennessee Reverse Mortgages, you could estimate your home value.

If you knew your Chickamauga, Tennessee home was worth $103,000.00 in 2001, you could multiply by + 7.52%, add the gain and see the home should be worth $110,750.09 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 2001 to 2002:
+ 3.76%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Yuba-City-CA, Providence-New-Bedford-Fall-River-RI-MA, and Chico-CA .

  1. Barnstable-Town-MA increased + 29.22% from 2001 to the end of 2002
  2. San-Luis-Obispo-Paso-Robles-CA increased + 27.71% from 2001 to the end of 2002
  3. Yuba-City-CA increased + 27.51% from 2001 to the end of 2002
  4. Providence-New-Bedford-Fall-River-RI-MA increased + 27.39% from 2001 to the end of 2002
  5. Chico-CA increased + 27.31% from 2001 to the end of 2002

Zip Code in MSA: 30707 - CHICKAMAUGA, GA

MSA Pop: 485927
Zip Pop: 13836
Avg Value: 74300
County: WALKER
Elev: 823
Region: South
Lat: 34.846084
Long: -85.328228