Real Estate Appreciation for Dalton, Georgia: + 9.11%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Dalton, Georgia did compared to the state as a whole.
The Dalton, Georgia MSA property value change was + 9.11% (+ 4.55% yearly).
All of the property in GA averaged + 11.43% change in value (+ 5.72% yearly).
Dalton-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 112.66 | + 0.90% | + 3.58% |
| 1997 | 3 | 114.74 | + 1.85% | + 7.39% |
| 1997 | 4 | 116.07 | + 1.16% | + 4.64% |
| 1998 | 1 | 118.26 | + 1.89% | + 7.55% |
| 1998 | 2 | 118.89 | + 0.53% | + 2.13% |
| 1998 | 3 | 121.54 | + 2.23% | + 8.92% |
| 1998 | 4 | 121.83 | + 0.24% | + 0.95% |
There are a lot of ways to use the appreciation data for Dalton, Georgia .
Lets look at Chatsworth, Georgia, a city located in Dalton, Georgia 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 Chatsworth, Georgia check out Spec-Loan.com
If you were going to do a Chatsworth, Georgia Refinance, or Chatsworth, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Chatsworth, Georgia home was worth $95,000.00 in 1997, you could multiply by + 9.11%, add the gain and see the home should be worth $103,652.61 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Dalton-GA from 1997 to 1998:
+ 4.55%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .
- Honolulu-HI decreased by - 3.48% between 1997 and 1998
- Williamsport-PA decreased by - 0.05% between 1997 and 1998
- Ithaca-NY only increased + 1.04% between 1997 and 1998
- Utica-Rome-NY only increased + 1.56% between 1997 and 1998
- Pittsfield-MA only increased + 2.16% between 1997 and 1998
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 30705 - CHATSWORTH, GA
MSA Pop: 127279Zip Pop: 31636
Avg Value: 70100
County: MURRAY
Elev: 752
Region: South
Lat: 34.754527
Long: -84.790232