Real Estate Appreciation for Ann Arbor, Michigan: + 91.37%
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 + 91.37% (+ 7.61% yearly) for the Ann Arbor, Michigan MSA.
The entire state of MI had + 92.08% appreciation (+ 7.67% 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 + 0.78%.
Ann-Arbor-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Ann Arbor, Michigan, a city located in Ann Arbor, Michigan MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $95,000.00 in 1992, you could multiply by + 91.37%, add the gain and see the home should be worth $181,798.86 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1992 to 2003:
+ 7.61%
Appreciation Comparisons
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
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