Real Estate Appreciation for Ann Arbor, Michigan: + 23.46%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Ann Arbor, Michigan MSA appreciation it was + 23.46% (+ 5.86% yearly) from 2000 to 2003.
During the same time period, MI had + 19.16% (+ 4.79% yearly).
You can see that the Ann Arbor, Michigan MSA experienced higher appreciation in this case.
Ann-Arbor-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 161.74 | + 1.99% | + 7.97% |
| 2002 | 2 | 164.31 | + 1.59% | + 6.36% |
| 2002 | 3 | 165.9 | + 0.97% | + 3.87% |
| 2002 | 4 | 167.27 | + 0.83% | + 3.30% |
| 2003 | 1 | 168.81 | + 0.92% | + 3.68% |
| 2003 | 2 | 170.19 | + 0.82% | + 3.27% |
| 2003 | 3 | 171.4 | + 0.71% | + 2.84% |
| 2003 | 4 | 174.68 | + 1.91% | + 7.65% |
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 $103,000.00 in 2000, you could multiply by + 23.46%, add the gain and see the home should be worth $127,161.21 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 2000 to 2003:
+ 5.86%
Appreciation Comparisons
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
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
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