Real Estate Appreciation for Columbus, Georgia, Alabama: + 16.38%
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 + 16.38% (+ 4.09% yearly).
All of the property in GA averaged + 23.38% change in value (+ 5.85% 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% |
| 1998 | 1 | 113.96 | + 1.18% | + 4.72% |
| 1998 | 2 | 114.06 | + 0.09% | + 0.35% |
| 1998 | 3 | 115.95 | + 1.66% | + 6.63% |
| 1998 | 4 | 116.38 | + 0.37% | + 1.48% |
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 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 $93,000.00 in 1995, you could multiply by + 16.38%, add the gain and see the home should be worth $108,233.40 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1995 to 1998:
+ 4.09%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
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