Real Estate Appreciation for Battle Creek, Michigan: + 11.12%

Before we disect the appreciation within the MSA for this period, lets consider how Battle Creek, Michigan did compared to the state as a whole.

The Battle Creek, Michigan MSA property value change was + 11.12% (+ 5.56% yearly).

All of the property in MI averaged + 11.53% change in value (+ 5.77% yearly).

Battle-Creek-MI

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
1997	2	119.35	+ 1.42%	+ 5.68%
1997	3	120.72	+ 1.15%	+ 4.59%
1997	4	124.38	+ 3.03%	+ 12.13%
1998	1	126.77	+ 1.92%	+ 7.69%
1998	2	130.35	+ 2.82%	+ 11.30%
1998	3	129.59	- 0.58%	- 2.33%
1998	4	130.77	+ 0.91%	+ 3.64%

Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $95,000.00 in 1997, you could multiply by + 11.12%, add the gain and see the home should be worth $105,567.22 in 1998. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1997 to 1998:
+ 5.56%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

1. Lafayette-LA lost - 25.36% from 1986 thru 1987
2. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 49011 - ATHENS, MI

MSA Pop: 138854
Zip Pop: 2237
Avg Value: 82400
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.09827
Long: -85.221942