Real Estate Appreciation for Ann Arbor, Michigan: + 97.35%
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 + 97.35% (+ 8.11% yearly) between 1993 and the end of 2004.
The state of MI had + 95.50% total appreciation (+ 7.96% yearly).
The Ann Arbor, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 1.95% faster than the state as a whole.
Ann-Arbor-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
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 Ann Arbor, Michigan 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 Ann Arbor, Michigan.
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 $97,000.00 in 1993, you could multiply by + 97.35%, add the gain and see the home should be worth $191,433.86 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1993 to 2004:
+ 8.11%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2004 were Binghamton-NY, Rochester-NY, Utica-Rome-NY, Buffalo-Niagara-Falls-NY, and Elmira-NY .
- Binghamton-NY only increased + 16.01% between 1993 and 2004
- Rochester-NY only increased + 26.02% between 1993 and 2004
- Utica-Rome-NY only increased + 28.96% between 1993 and 2004
- Buffalo-Niagara-Falls-NY only increased + 29.30% between 1993 and 2004
- Elmira-NY only increased + 30.31% between 1993 and 2004
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