Real Estate Appreciation for Battle Creek, Michigan: + 93.78%
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 + 93.78% (+ 7.82% yearly) between 1993 and the end of 2004.
The state of MI had + 95.50% total appreciation (+ 7.96% yearly).
The state average for Michigan was higher than the real estate appreciation in the Battle Creek, Michigan MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 1.83% faster than this MSA.
Battle-Creek-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Battle-Creek-MI here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Michigan, you can do some research at Spec-Loan.com.
If you were going to do a East Leroy, Michigan Refinance, or East Leroy, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your East Leroy, Michigan home was worth $97,000.00 in 1993, you could multiply by + 93.78%, add the gain and see the home should be worth $187,970.71 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1993 to 2004:
+ 7.82%
Appreciation Comparisons
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
Zip Code in MSA: 49051 - EAST LEROY, MI
MSA Pop: 138854Zip Pop: 2296
Avg Value: 98400
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.190481
Long: -85.237929