Real Estate Appreciation for Ann Arbor, Michigan: + 22.09%
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 + 22.09% (+ 4.42% yearly) for the period between 2001 and the end of 2005.
The state had + 20.98% total appreciation (+ 4.20% 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
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 $106,000.00 in 2001, you could multiply by + 22.09%, add the gain and see the home should be worth $129,419.98 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 2001 to 2005:
+ 4.42%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .
- Lafayette-IN only increased + 9.24% between 2001 and 2005
- Burlington-NC only increased + 9.68% between 2001 and 2005
- Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
- Decatur-AL only increased + 12.39% between 2001 and 2005
- Jonesboro-AR only increased + 12.46% between 2001 and 2005
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
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