Real Estate Appreciation for Columbus, Georgia, Alabama: + 14.92%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Columbus, Georgia, Alabama MSA appreciated + 14.92% (+ 3.73% yearly) for the period between 1999 and the end of 2002.
The state had + 24.23% total appreciation (+ 6.06% yearly).
The state average for Georgia was higher than the real estate appreciation in the Columbus, Georgia, Alabama MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 62.40% faster than this MSA.
Columbus-GA-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 128.21 | + 1.71% | + 6.85% |
| 2001 | 2 | 130.55 | + 1.83% | + 7.30% |
| 2001 | 3 | 131.32 | + 0.59% | + 2.36% |
| 2001 | 4 | 132.47 | + 0.88% | + 3.50% |
| 2002 | 1 | 134.41 | + 1.46% | + 5.86% |
| 2002 | 2 | 133.96 | - 0.33% | - 1.34% |
| 2002 | 3 | 135.57 | + 1.20% | + 4.81% |
| 2002 | 4 | 137.08 | + 1.11% | + 4.46% |
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 $101,000.00 in 1999, you could multiply by + 14.92%, add the gain and see the home should be worth $116,072.10 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1999 to 2002:
+ 3.73%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1999 to 2002 were Barnstable-Town-MA, Napa-CA, Vallejo-Fairfield-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased + 77.56% from 1999 to the end of 2002
- Napa-CA increased + 71.93% from 1999 to the end of 2002
- Vallejo-Fairfield-CA increased + 71.68% from 1999 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 71.04% from 1999 to the end of 2002
- Salinas-CA increased + 68.96% from 1999 to the end of 2002
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