Real Estate Appreciation for Columbus, Georgia, Alabama: + 39.61%
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 + 39.61% (+ 5.66% yearly) for the period between 1999 and the end of 2005.
The state had + 44.37% total appreciation (+ 6.34% 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 + 12.00% faster than this MSA.
Columbus-GA-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 $104,000.00 in 1999, you could multiply by + 39.61%, add the gain and see the home should be worth $145,197.18 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 1999 to 2005:
+ 5.66%
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