Real Estate Appreciation for Columbus, Georgia, Alabama: + 11.92%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Columbus, Georgia, Alabama MSA appreciation it was + 11.92% (+ 2.98% yearly) from 1994 to 1997.
During the same time period, GA had + 17.54% (+ 4.38% yearly).
From 1994 to 1997, Georgia outperformed the individual Columbus, Georgia, Alabama MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Columbus-GA-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 100.46 | - 0.17% | - 0.68% |
| 1994 | 3 | 100.32 | - 0.14% | - 0.56% |
| 1994 | 4 | 99.68 | - 0.64% | - 2.55% |
| 1995 | 1 | 100 | + 0.32% | + 1.28% |
| 1995 | 2 | 101.44 | + 1.44% | + 5.76% |
| 1995 | 3 | 103.42 | + 1.95% | + 7.81% |
| 1995 | 4 | 104.35 | + 0.90% | + 3.60% |
| 1996 | 1 | 105.56 | + 1.16% | + 4.64% |
| 1996 | 2 | 106.28 | + 0.68% | + 2.73% |
| 1996 | 3 | 105.64 | - 0.60% | - 2.41% |
| 1996 | 4 | 107.13 | + 1.41% | + 5.64% |
| 1997 | 1 | 107.8 | + 0.63% | + 2.50% |
| 1997 | 2 | 108.65 | + 0.79% | + 3.15% |
| 1997 | 3 | 110.27 | + 1.49% | + 5.96% |
| 1997 | 4 | 112.63 | + 2.14% | + 8.56% |
There are a lot of ways to use the appreciation data for Columbus, Georgia, Alabama .
Lets look at Buena Vista, 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 Buena Vista, Georgia check out Spec-Loan.com
If you were going to do a Buena Vista, Georgia Refinance, or Buena Vista, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Buena Vista, Georgia home was worth $91,000.00 in 1994, you could multiply by + 11.92%, add the gain and see the home should be worth $101,851.63 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1994 to 1997:
+ 2.98%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
In contrast, the worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .
- Honolulu-HI decreased by - 14.47% between 1994 and 1997
- Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
- Binghamton-NY decreased by - 9.70% between 1994 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
- Kingston-NY decreased by - 6.47% between 1994 and 1997
Zip Code in MSA: 31803 - BUENA VISTA, GA
MSA Pop: 287082Zip Pop: 4706
Avg Value: 56200
County: MARION
Elev: 657
Region: South
Lat: 32.315036
Long: -84.513451