Real Estate Appreciation for Columbus, Georgia, Alabama: + 12.63%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Columbus, Georgia, Alabama did compared to the state as a whole.
The Columbus, Georgia, Alabama MSA property value change was + 12.63% (+ 4.21% yearly).
All of the property in GA averaged + 15.89% change in value (+ 5.30% yearly).
Columbus-GA-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Some of the ways peope use our appreciation data for Columbus, Georgia, Alabama include real estate investment .
Lets look at Buena Vista, Georgia, a city located in Columbus, Georgia, Alabama MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $92,000.00 in 1995, you could multiply by + 12.63%, add the gain and see the home should be worth $103,619.60 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1995 to 1997:
+ 4.21%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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