Real Estate Appreciation for Battle Creek, Michigan: + 20.29%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Battle Creek, Michigan MSA appreciated + 20.29% (+ 6.76% yearly) between 1993 and the end of 1995.
The state of MI had + 16.83% total appreciation (+ 5.61% yearly).
The Battle Creek, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 20.54% faster than the state as a whole.
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 90.29 | + 0.94% | + 3.76% |
| 1993 | 3 | 90.89 | + 0.66% | + 2.66% |
| 1993 | 4 | 93.16 | + 2.50% | + 9.99% |
| 1994 | 1 | 93.61 | + 0.48% | + 1.93% |
| 1994 | 2 | 97.09 | + 3.72% | + 14.87% |
| 1994 | 3 | 98.13 | + 1.07% | + 4.28% |
| 1994 | 4 | 100.72 | + 2.64% | + 10.56% |
| 1995 | 1 | 100 | - 0.71% | - 2.86% |
| 1995 | 2 | 104.63 | + 4.63% | + 18.52% |
| 1995 | 3 | 106.81 | + 2.08% | + 8.33% |
| 1995 | 4 | 107.6 | + 0.74% | + 2.96% |
Some of the ways peope use our appreciation data for Battle Creek, Michigan include real estate investment .
Lets look at Battle Creek, Michigan, a city located in Battle Creek, Michigan MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Michigan check out Spec-Loan.com
If you were going to do a Battle Creek, Michigan Refinance, or Battle Creek, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Battle Creek, Michigan home was worth $88,000.00 in 1993, you could multiply by + 20.29%, add the gain and see the home should be worth $105,855.79 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1993 to 1995:
+ 6.76%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 49014 - BATTLE CREEK, MI
MSA Pop: 138854Zip Pop: 22869
Avg Value: 82700
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.31024
Long: -85.10598