Real Estate Appreciation for Columbus, Georgia, Alabama: + 16.93%
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 + 16.93% (+ 4.23% yearly).
All of the property in GA averaged + 25.52% change in value (+ 6.38% 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% |
| 1999 | 1 | 119.28 | + 2.49% | + 9.97% |
| 1999 | 2 | 119.76 | + 0.40% | + 1.61% |
| 1999 | 3 | 118.95 | - 0.68% | - 2.71% |
| 1999 | 4 | 120.23 | + 1.08% | + 4.30% |
| 2000 | 1 | 122.3 | + 1.72% | + 6.89% |
| 2000 | 2 | 123.01 | + 0.58% | + 2.32% |
| 2000 | 3 | 124.45 | + 1.17% | + 4.68% |
| 2000 | 4 | 126.05 | + 1.29% | + 5.14% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $97,000.00 in 1997, you could multiply by + 16.93%, add the gain and see the home should be worth $113,421.61 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1997 to 2000:
+ 4.23%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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