Real Estate Appreciation for Clarksville, Tennessee, Kentucky: + 8.48%
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 Clarksville, Tennessee, Kentucky MSA appreciated + 8.48% (+ 2.83% yearly) for the period between 1999 and the end of 2001.
The state had + 9.88% total appreciation (+ 3.29% yearly).
The state average for Tennessee was higher than the real estate appreciation in the Clarksville, Tennessee, Kentucky MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 16.62% faster than this MSA.
Clarksville-TN-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 124.78 | + 4.79% | + 19.15% |
| 2001 | 2 | 124.53 | - 0.20% | - 0.80% |
| 2001 | 3 | 126.08 | + 1.24% | + 4.98% |
| 2001 | 4 | 125.8 | - 0.22% | - 0.89% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Clarksville-TN-KY here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Tennessee, you can do some research at Spec-Loan.com.
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 $100,000.00 in 1999, you could multiply by + 8.48%, add the gain and see the home should be worth $108,476.33 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Clarksville-TN-KY from 1999 to 2001:
+ 2.83%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1999 to 2001 were Salinas-CA, Santa-Rosa-Petaluma-CA, Vallejo-Fairfield-CA, Barnstable-Town-MA, and Santa-Cruz-Watsonville-CA .
- Salinas-CA increased + 55.48% from 1999 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 53.43% from 1999 to the end of 2001
- Vallejo-Fairfield-CA increased + 52.75% from 1999 to the end of 2001
- Barnstable-Town-MA increased + 51.91% from 1999 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 51.50% from 1999 to the end of 2001
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