Real Estate Appreciation for Decatur, Alabama: + 27.03%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Decatur, Alabama: + 27.03%
- State of AL: + 40.38%
- Difference: - 33.07%
Decatur-AL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Eva, Alabama Refinance, or Eva, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Eva, Alabama home was worth $103,000.00 in 1998, you could multiply by + 27.03%, add the gain and see the home should be worth $130,837.84 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1998 to 2005:
+ 3.38%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1998 to 2005 were Salinas-CA, Naples-Marco-Island-FL, Merced-CA, Vallejo-Fairfield-CA, and Napa-CA .
- Salinas-CA increased +233.30% from 1998 to the end of 2005
- Naples-Marco-Island-FL increased +202.95% from 1998 to the end of 2005
- Merced-CA increased +201.80% from 1998 to the end of 2005
- Vallejo-Fairfield-CA increased +201.28% from 1998 to the end of 2005
- Napa-CA increased +197.88% from 1998 to the end of 2005
Zip Code in MSA: 35621 - EVA, AL
MSA Pop: 147204Zip Pop: 2133
Avg Value: 61900
County: MORGAN
Elev: 573
Region: South
Lat: 34.315953
Long: -86.737915