Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 14.56%
Appreciation for MSAs:.
Let's start by comparing Chattanooga, Tennessee, Georgia to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 14.56% (+ 4.85% yearly) for the Chattanooga, Tennessee, Georgia MSA.
The entire state of TN had + 11.28% appreciation (+ 3.76% yearly).
The Chattanooga, Tennessee, Georgia MSA beat out the state. by + 29.05% appreciation.
Chattanooga-TN-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 150.87 | + 1.30% | + 5.18% |
| 2004 | 2 | 152.35 | + 0.98% | + 3.92% |
| 2004 | 3 | 155.88 | + 2.32% | + 9.27% |
| 2004 | 4 | 157.51 | + 1.05% | + 4.18% |
Some of the ways peope use our appreciation data for Chattanooga, Tennessee, Georgia include real estate investment .
Lets look at Flintstone, Tennessee, a city located in Chattanooga, Tennessee, Georgia MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $106,000.00 in 2002, you could multiply by + 14.56%, add the gain and see the home should be worth $121,434.72 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 2002 to 2004:
+ 4.85%
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