Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Decatur, Alabama MSA appreciated + 21.82% (+ 3.64% yearly) between 1993 and the end of 1998.

The state of AL had + 26.84% total appreciation (+ 4.47% yearly). The state average for Alabama was higher than the real estate appreciation in the Decatur, Alabama MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 22.96% faster than this MSA.

Decatur-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Courtland, Alabama click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Decatur, Alabama.

If you were going to do a Courtland, Alabama Refinance, or Courtland, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Courtland, Alabama home was worth $91,000.00 in 1993, you could multiply by + 21.82%, add the gain and see the home should be worth $110,859.34 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 1998:
+ 3.64%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Anchorage-AK lost - 33.17% from 1984 thru 1989
  2. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 35618 - COURTLAND, AL

MSA Pop: 147204
Zip Pop: 2329
Avg Value: 47800
County: LAWRENCE
Elev: 650
Region: South
Lat: 34.652725
Long: -87.30027