Real Estate Appreciation for Chattanooga, Tennessee, Georgia: + 24.01%
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 + 24.01% (+ 6.00% yearly) between 2003 and the end of 2006.
The state of TN had + 23.19% total appreciation (+ 5.80% yearly).
The Chattanooga, Tennessee, Georgia MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 3.53% faster than the state as a whole.
Chattanooga-TN-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 159.92 | + 1.53% | + 6.12% |
| 2005 | 2 | 164.89 | + 3.11% | + 12.43% |
| 2005 | 3 | 167.19 | + 1.39% | + 5.58% |
| 2005 | 4 | 170.3 | + 1.86% | + 7.44% |
| 2006 | 1 | 171.79 | + 0.87% | + 3.50% |
| 2006 | 2 | 175.08 | + 1.92% | + 7.66% |
| 2006 | 3 | 176.93 | + 1.06% | + 4.23% |
| 2006 | 4 | 178.51 | + 0.89% | + 3.57% |
There are a lot of ways to use the appreciation data for Chattanooga, Tennessee, Georgia .
Lets look at Graysville, 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 Graysville, Tennessee check out Spec-Loan.com
If you were going to do a Graysville, Tennessee Refinance, or Graysville, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Graysville, Tennessee home was worth $109,000.00 in 2003, you could multiply by + 24.01%, add the gain and see the home should be worth $135,169.09 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 2003 to 2006:
+ 6.00%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 30726 - GRAYSVILLE, GA
MSA Pop: 485927Zip Pop: 48
Avg Value: 29500
County: CATOOSA
Elev: 781
Region: South
Lat: 34.97628
Long: -85.14132