Real Estate Appreciation for Columbus, Georgia, Alabama: + 7.96%
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 + 7.96% (+ 3.98% yearly).
All of the property in GA averaged + 11.43% change in value (+ 5.72% yearly).
Columbus-GA-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 Mauk, 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 Mauk, Georgia Refinance, or Mauk, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Mauk, Georgia home was worth $95,000.00 in 1997, you could multiply by + 7.96%, add the gain and see the home should be worth $102,561.22 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1997 to 1998:
+ 3.98%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
Zip Code in MSA: 31058 - MAUK, GA
MSA Pop: 287082Zip Pop: 1608
Avg Value: 54300
County: MARION
Elev: 657
Region: South
Lat: 32.509115
Long: -84.376194