Real Estate Appreciation for Columbus, Georgia, Alabama: + 50.47%
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 + 50.47% (+ 4.59% yearly) for the Columbus, Georgia, Alabama MSA.
The entire state of GA had + 66.79% appreciation (+ 6.07% 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 + 32.32%.
Columbus-GA-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Columbus, Georgia, Alabama .
Lets look at Pine Mountain, Georgia, a city located in Columbus, Georgia, Alabama 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 Pine Mountain, Georgia check out Spec-Loan.com
If you were going to do a Pine Mountain, Georgia Refinance, or Pine Mountain, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Pine Mountain, Georgia home was worth $94,000.00 in 1992, you could multiply by + 50.47%, add the gain and see the home should be worth $141,443.69 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1992 to 2002:
+ 4.59%
Appreciation Comparisons
The worst 5 MSAs from 1992 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Syracuse-NY, and Albany-Schenectady-Troy-NY .
- Honolulu-HI only increased + 2.20% between 1992 and 2002
- Binghamton-NY only increased + 8.44% between 1992 and 2002
- Utica-Rome-NY only increased + 11.97% between 1992 and 2002
- Syracuse-NY only increased + 14.42% between 1992 and 2002
- Albany-Schenectady-Troy-NY only increased + 15.15% between 1992 and 2002
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
Zip Code in MSA: 31822 - PINE MOUNTAIN, GA
MSA Pop: 287082Zip Pop: 4844
Avg Value: 92700
County: HARRIS
Elev: 762
Region: South
Lat: 32.8981
Long: -84.923847