Real Estate Appreciation for Columbus, Georgia, Alabama: + 31.98%
Appreciation for MSAs:.
Let's start by comparing Columbus, Georgia, Alabama to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 31.98% (+ 4.00% yearly) for the Columbus, Georgia, Alabama MSA.
The entire state of GA had + 40.39% appreciation (+ 5.05% yearly).
The state average for Georgia was higher than the real estate appreciation in the Columbus, Georgia, Alabama MSA. This means the conditions in the MSA for real estate investment were worse by + 26.33%.
Columbus-GA-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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 Columbus-GA-AL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Georgia, you can do some research at Spec-Loan.com.
If you were going to do a Fortson, Georgia Refinance, or Fortson, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Fortson, Georgia home was worth $91,000.00 in 1992, you could multiply by + 31.98%, add the gain and see the home should be worth $120,098.02 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1992 to 1999:
+ 4.00%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 1999 were Honolulu-HI, Bakersfield-CA, Binghamton-NY, Albany-Schenectady-Troy-NY, and Riverside-San-Bernardino-Ontario-CA .
- Honolulu-HI decreased by - 15.17% between 1992 and 1999
- Bakersfield-CA decreased by - 5.95% between 1992 and 1999
- Binghamton-NY decreased by - 4.68% between 1992 and 1999
- Albany-Schenectady-Troy-NY decreased by - 4.58% between 1992 and 1999
- Riverside-San-Bernardino-Ontario-CA decreased by - 3.65% between 1992 and 1999
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 31808 - FORTSON, GA
MSA Pop: 287082Zip Pop: 4773
Avg Value: 142100
County: MUSCOGEE
Elev: 260
Region: South
Lat: 32.5952
Long: -84.969196