Real Estate Appreciation for Ann Arbor, Michigan: + 30.54%
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: + 30.54%
- State of MI: + 26.20%
- Difference: + 16.55%
Ann-Arbor-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2000 | 1 | 141.49 | + 1.34% | + 5.36% |
| 2000 | 2 | 145.01 | + 2.49% | + 9.95% |
| 2000 | 3 | 148.42 | + 2.35% | + 9.41% |
| 2000 | 4 | 150.37 | + 1.31% | + 5.26% |
| 2001 | 1 | 152.89 | + 1.68% | + 6.70% |
| 2001 | 2 | 154.68 | + 1.17% | + 4.68% |
| 2001 | 3 | 157.74 | + 1.98% | + 7.91% |
| 2001 | 4 | 158.58 | + 0.53% | + 2.13% |
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 $99,000.00 in 1998, you could multiply by + 30.54%, add the gain and see the home should be worth $129,234.61 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1998 to 2001:
+ 7.64%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
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
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