Real Estate Appreciation for Clarksville, Tennessee, Kentucky: + 4.93%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Clarksville, Tennessee, Kentucky: + 4.93%
- State of TN: + 8.93%
- Difference: - 44.72%
Clarksville-TN-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 113.54 | + 0.05% | + 0.21% |
| 1998 | 3 | 112.33 | - 1.07% | - 4.26% |
| 1998 | 4 | 116.21 | + 3.45% | + 13.82% |
| 1999 | 1 | 115.97 | - 0.21% | - 0.83% |
| 1999 | 2 | 116.99 | + 0.88% | + 3.52% |
| 1999 | 3 | 118.06 | + 0.91% | + 3.66% |
| 1999 | 4 | 117.35 | - 0.60% | - 2.41% |
| 2000 | 1 | 117.35 | + 0.00% | + 0.00% |
| 2000 | 2 | 118.28 | + 0.79% | + 3.17% |
| 2000 | 3 | 119.68 | + 1.18% | + 4.73% |
| 2000 | 4 | 119.08 | - 0.50% | - 2.01% |
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 Bumpus Mills, 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 Clarksville, Tennessee, Kentucky.
If you were going to do a Bumpus Mills, Tennessee Refinance, or Bumpus Mills, Tennessee Reverse Mortgages, you could estimate your home value.
If you knew your Bumpus Mills, Tennessee home was worth $98,000.00 in 1998, you could multiply by + 4.93%, add the gain and see the home should be worth $102,836.09 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 1998 to 2000:
+ 1.64%
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: 37028 - BUMPUS MILLS, TN
MSA Pop: 236700Zip Pop: 497
Avg Value: 73600
County: STEWART
Elev: 400
Region: South
Lat: 36.660074
Long: -87.829183