Real Estate Appreciation for Columbus, Georgia, Alabama: + 82.80%
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 + 82.80% (+ 5.91% yearly) for the Columbus, Georgia, Alabama MSA.
The entire state of GA had + 93.81% appreciation (+ 6.70% 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 + 13.30%.
Columbus-GA-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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 Shiloh, Georgia 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 Columbus, Georgia, Alabama.
If you were going to do a Shiloh, Georgia Refinance, or Shiloh, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Shiloh, Georgia home was worth $97,000.00 in 1992, you could multiply by + 82.80%, add the gain and see the home should be worth $177,315.15 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1992 to 2005:
+ 5.91%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
Zip Code in MSA: 31826 - SHILOH, GA
MSA Pop: 287082Zip Pop: 2097
Avg Value: 63900
County: HARRIS
Elev: 762
Region: South
Lat: 32.798362
Long: -84.745484