Real Estate Appreciation for Columbus, Georgia, Alabama: + 6.92%
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 + 6.92% (+ 3.46% yearly) for the period between 2001 and the end of 2002.
The state had + 8.64% total appreciation (+ 4.32% 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 + 24.86% faster than this MSA.
Columbus-GA-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
There are a lot of ways to use the appreciation data for Columbus, Georgia, Alabama .
Lets look at Mauk, Georgia, a city located in Columbus, Georgia, Alabama MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Mauk, Georgia check out Spec-Loan.com
If you were going to do a Mauk, Georgia Refinance, or Mauk, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Mauk, Georgia home was worth $103,000.00 in 2001, you could multiply by + 6.92%, add the gain and see the home should be worth $110,125.89 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 2001 to 2002:
+ 3.46%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 31058 - MAUK, GA
MSA Pop: 287082Zip Pop: 1608
Avg Value: 54300
County: MARION
Elev: 657
Region: South
Lat: 32.509115
Long: -84.376194