Real Estate Appreciation for Ann Arbor, Michigan: + 16.02%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Ann Arbor, Michigan MSA appreciated + 16.02% (+ 8.01% yearly) for the period between 1999 and the end of 2000.
The state had + 12.91% total appreciation (+ 6.46% yearly).
The Ann Arbor, Michigan MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Ann-Arbor-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $99,000.00 in 1999, you could multiply by + 16.02%, add the gain and see the home should be worth $114,857.11 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1999 to 2000:
+ 8.01%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 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