Real Estate Appreciation for Columbus, Georgia, Alabama: + 15.97%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Columbus, Georgia, Alabama MSA appreciation it was + 15.97% (+ 3.99% yearly) from 2000 to 2003.
During the same time period, GA had + 21.20% (+ 5.30% yearly).
From 2000 to 2003, Georgia outperformed the individual Columbus, Georgia, Alabama MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Columbus-GA-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 138.88 | + 1.31% | + 5.25% |
| 2003 | 2 | 140.34 | + 1.05% | + 4.21% |
| 2003 | 3 | 141.37 | + 0.73% | + 2.94% |
| 2003 | 4 | 141.83 | + 0.33% | + 1.30% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Columbus-GA-AL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Georgia, you can do some research at 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 $103,000.00 in 2000, you could multiply by + 15.97%, add the gain and see the home should be worth $119,448.00 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 2000 to 2003:
+ 3.99%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
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
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