Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 12.52%
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 + 12.52% (+ 4.17% yearly) for the period between 2001 and the end of 2003.
The state had + 9.07% total appreciation (+ 3.02% 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 143.95 | + 1.14% | + 4.55% |
| 2003 | 2 | 145.47 | + 1.06% | + 4.22% |
| 2003 | 3 | 147.09 | + 1.11% | + 4.45% |
| 2003 | 4 | 148.94 | + 1.26% | + 5.03% |
There are a lot of ways to use the appreciation data for Chattanooga, Tennessee, Georgia .
Lets look at Flintstone, Tennessee, a city located in Chattanooga, Tennessee, Georgia MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Flintstone, Tennessee check out Spec-Loan.com
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 $104,000.00 in 2001, you could multiply by + 12.52%, add the gain and see the home should be worth $117,018.66 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 2001 to 2003:
+ 4.17%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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