Real Estate Appreciation for Battle Creek, Michigan: + 10.17%
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: + 10.17%
- State of MI: + 11.99%
- Difference: - 15.20%
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 130.35 | + 2.82% | + 11.30% |
| 1998 | 3 | 129.59 | - 0.58% | - 2.33% |
| 1998 | 4 | 130.77 | + 0.91% | + 3.64% |
| 1999 | 1 | 132.61 | + 1.41% | + 5.63% |
| 1999 | 2 | 132.76 | + 0.11% | + 0.45% |
| 1999 | 3 | 134.99 | + 1.68% | + 6.72% |
| 1999 | 4 | 139.66 | + 3.46% | + 13.84% |
Lets look at Athens, Michigan, a city located in Battle Creek, Michigan MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $97,000.00 in 1998, you could multiply by + 10.17%, add the gain and see the home should be worth $106,862.98 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1998 to 1999:
+ 5.08%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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