Real Estate Appreciation for Columbus, Georgia, Alabama: + 26.52%
Appreciation for MSAs:.
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 + 26.52% (+ 8.84% yearly) from 2004 to 2006.
During the same time period, GA had + 15.21% (+ 5.07% yearly).
You can see that the Columbus, Georgia, Alabama MSA experienced higher appreciation in this case.
Columbus-GA-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 146.7 | + 1.68% | + 6.71% |
| 2004 | 3 | 151.36 | + 3.18% | + 12.71% |
| 2004 | 4 | 150.44 | - 0.61% | - 2.43% |
| 2005 | 1 | 155.7 | + 3.50% | + 13.99% |
| 2005 | 2 | 159.54 | + 2.47% | + 9.87% |
| 2005 | 3 | 164.99 | + 3.42% | + 13.66% |
| 2005 | 4 | 166.53 | + 0.93% | + 3.73% |
| 2006 | 1 | 170.48 | + 2.37% | + 9.49% |
| 2006 | 2 | 175.02 | + 2.66% | + 10.65% |
| 2006 | 3 | 176.52 | + 0.86% | + 3.43% |
| 2006 | 4 | 182.54 | + 3.41% | + 13.64% |
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 $110,000.00 in 2004, you could multiply by + 26.52%, add the gain and see the home should be worth $139,169.67 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbus-GA-AL from 2004 to 2006:
+ 8.84%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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