Real Estate Appreciation for Columbus, Georgia, Alabama: + 31.57%
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 + 31.57% (+ 4.51% yearly).
All of the property in GA averaged + 45.02% change in value (+ 6.43% yearly).
Columbus-GA-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Columbus, Georgia, Alabama include real estate investment .
Lets look at Ellerslie, 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 Ellerslie, Georgia Refinance, or Ellerslie, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Ellerslie, Georgia home was worth $100,000.00 in 1997, you could multiply by + 31.57%, add the gain and see the home should be worth $131,567.72 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1997 to 2003:
+ 4.51%
Appreciation Comparisons
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
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
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