Real Estate Appreciation for Ann Arbor, Michigan: + 31.04%
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.
- Ann Arbor, Michigan: + 31.04%
- State of MI: + 29.55%
- Difference: + 5.04%
Ann-Arbor-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 108.43 | + 1.76% | + 7.06% |
| 1996 | 3 | 110.52 | + 1.93% | + 7.71% |
| 1996 | 4 | 111.76 | + 1.12% | + 4.49% |
| 1997 | 1 | 114.08 | + 2.08% | + 8.30% |
| 1997 | 2 | 116.24 | + 1.89% | + 7.57% |
| 1997 | 3 | 118.64 | + 2.06% | + 8.26% |
| 1997 | 4 | 119.94 | + 1.10% | + 4.38% |
| 1998 | 1 | 121.48 | + 1.28% | + 5.14% |
| 1998 | 2 | 123.25 | + 1.46% | + 5.83% |
| 1998 | 3 | 126.3 | + 2.47% | + 9.90% |
| 1998 | 4 | 127.19 | + 0.70% | + 2.82% |
| 1999 | 1 | 129.61 | + 1.90% | + 7.61% |
| 1999 | 2 | 132.79 | + 2.45% | + 9.81% |
| 1999 | 3 | 136.04 | + 2.45% | + 9.79% |
| 1999 | 4 | 139.62 | + 2.63% | + 10.53% |
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 $95,000.00 in 1996, you could multiply by + 31.04%, add the gain and see the home should be worth $124,485.22 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1996 to 1999:
+ 7.76%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 48103 - ANN ARBOR, MI
MSA Pop: 338562Zip Pop: 49086
Avg Value: 188600
County: WASHTENAW
Elev: 802
Region: Midwest
Lat: 42.27078
Long: -83.80866