Home Equity Appreciation for Columbia, South Carlina: + 21.72%
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 Columbia, South Carlina MSA appreciated + 21.72% (+ 4.34% yearly) for the period between 1999 and the end of 2003.
The state had + 22.89% total appreciation (+ 4.58% yearly).
The state average for South Carlina was higher than the real estate appreciation in the Columbia, South Carlina 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 + 5.37% faster than this MSA.
Columbia-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
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 Batesburg, South Carlina Refinance, or Batesburg, South Carlina Reverse Mortgages, you could estimate your home value.
If you knew your Batesburg, South Carlina home was worth $102,000.00 in 1999, you could multiply by + 21.72%, add the gain and see the home should be worth $124,156.91 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-SC from 1999 to 2003:
+ 4.34%
Appreciation Comparisons
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 29006 - BATESBURG, SC
MSA Pop: 671407Zip Pop: 9498
Avg Value: 66000
County: LEXINGTON
Elev: 360
Region: South
Lat: 33.886499
Long: -81.531195