Appreciation for MSAs:.

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

The Ann Arbor, Michigan MSA appreciated + 37.34% (+ 6.22% yearly) between 1993 and the end of 1998.

The state of MI had + 43.34% total appreciation (+ 7.22% 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 than the state as a whole. The state appreaciated + 16.07% faster than this MSA.

Ann-Arbor-MI

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


Some of the ways peope use our appreciation data for Ann Arbor, Michigan include real estate investment .

Lets look at Ann Arbor, Michigan, a city located in Ann Arbor, Michigan MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $91,000.00 in 1993, you could multiply by + 37.34%, add the gain and see the home should be worth $124,978.84 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1993 to 1998:
+ 6.22%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1993 to 1998 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Glens-Falls-NY, and Riverside-San-Bernardino-Ontario-CA .

  1. Honolulu-HI decreased by - 13.59% between 1993 and 1998
  2. Utica-Rome-NY decreased by - 5.95% between 1993 and 1998
  3. Binghamton-NY decreased by - 5.13% between 1993 and 1998
  4. Glens-Falls-NY decreased by - 4.89% between 1993 and 1998
  5. Riverside-San-Bernardino-Ontario-CA decreased by - 4.67% between 1993 and 1998

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 48103 - ANN ARBOR, MI

MSA Pop: 338562
Zip Pop: 49086
Avg Value: 188600
County: WASHTENAW
Elev: 802
Region: Midwest
Lat: 42.27078
Long: -83.80866