Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Chattanooga, Tennessee, Georgia MSA appreciated + 9.42% (+ 4.71% yearly) between 2003 and the end of 2004.

The state of TN had + 7.72% total appreciation (+ 3.86% yearly). The Chattanooga, Tennessee, Georgia MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 21.98% faster than the state as a whole.

Chattanooga-TN-GA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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

If you knew your Chickamauga, Tennessee home was worth $107,000.00 in 2003, you could multiply by + 9.42%, add the gain and see the home should be worth $117,079.33 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 2003 to 2004:
+ 4.71%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

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