Real Estate Appreciation for Columbus, Georgia, Alabama: + 25.26%
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 + 25.26% (+ 3.61% yearly) from 1994 to 2000.
During the same time period, GA had + 40.96% (+ 5.85% yearly).
From 1994 to 2000, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 Ellerslie, Georgia Refinance, or Ellerslie, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Ellerslie, Georgia home was worth $94,000.00 in 1994, you could multiply by + 25.26%, add the gain and see the home should be worth $117,745.21 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1994 to 2000:
+ 3.61%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Boulder-CO, and Fort-Collins-Loveland-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 99.95% from 1994 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 78.38% from 1994 to the end of 2000
- Denver-Aurora-CO increased + 76.10% from 1994 to the end of 2000
- Boulder-CO increased + 69.24% from 1994 to the end of 2000
- Fort-Collins-Loveland-CO increased + 62.77% from 1994 to the end of 2000
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
Zip Code in MSA: 31807 - ELLERSLIE, GA
MSA Pop: 287082Zip Pop: 1544
Avg Value: 108500
County: HARRIS
Elev: 762
Region: South
Lat: 32.632905
Long: -84.794231