Real Estate Appreciation for Ann Arbor, Michigan: + 83.25%
Appreciation for MSAs:.
Let's start by comparing Ann Arbor, Michigan to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 83.25% (+ 7.57% yearly) for the Ann Arbor, Michigan MSA.
The entire state of MI had + 84.75% appreciation (+ 7.70% yearly).
The state average for Michigan was higher than the real estate appreciation in the Ann Arbor, Michigan MSA. This means the conditions in the MSA for real estate investment were worse by + 1.80%.
Ann-Arbor-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Ann Arbor, Michigan .
Lets look at Ann Arbor, Michigan, a city located in Ann Arbor, Michigan 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 Ann Arbor, Michigan check out Spec-Loan.com
If you were going to do a Ann Arbor, Michigan Refinance, or Ann Arbor, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Ann Arbor, Michigan home was worth $94,000.00 in 1992, you could multiply by + 83.25%, add the gain and see the home should be worth $172,254.38 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1992 to 2002:
+ 7.57%
Appreciation Comparisons
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
Zip Code in MSA: 48105 - ANN ARBOR, MI
MSA Pop: 338562Zip Pop: 33095
Avg Value: 228300
County: WASHTENAW
Elev: 802
Region: Midwest
Lat: 42.306717
Long: -83.703699