Real Estate Appreciation for Battle Creek, Michigan: + 13.20%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Battle Creek, Michigan: + 13.20%
- State of MI: + 14.26%
- Difference: - 7.46%
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 112.5 | + 2.38% | + 9.54% |
| 1996 | 3 | 114.31 | + 1.61% | + 6.44% |
| 1996 | 4 | 116.37 | + 1.80% | + 7.21% |
| 1997 | 1 | 117.68 | + 1.13% | + 4.50% |
| 1997 | 2 | 119.35 | + 1.42% | + 5.68% |
| 1997 | 3 | 120.72 | + 1.15% | + 4.59% |
| 1997 | 4 | 124.38 | + 3.03% | + 12.13% |
There are a lot of ways to use the appreciation data for Battle Creek, Michigan .
Lets look at Athens, Michigan, a city located in Battle Creek, 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 Athens, Michigan check out Spec-Loan.com
If you were going to do a Athens, Michigan Refinance, or Athens, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Athens, Michigan home was worth $93,000.00 in 1996, you could multiply by + 13.20%, add the gain and see the home should be worth $105,272.48 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1996 to 1997:
+ 6.60%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
- Bay-City-MI increased + 14.57% from 1996 to the end of 1997
- Jackson-MI increased + 14.25% from 1996 to the end of 1997
- Monroe-MI increased + 14.01% from 1996 to the end of 1997
- Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997
Zip Code in MSA: 49011 - ATHENS, MI
MSA Pop: 138854Zip Pop: 2237
Avg Value: 82400
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.09827
Long: -85.221942