Real Estate Appreciation for Battle Creek, Michigan: + 8.45%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Battle Creek, Michigan MSA appreciated + 8.45% (+ 4.22% yearly) for the period between 1999 and the end of 2000.
The state had + 12.91% total appreciation (+ 6.46% yearly).
The state average for Michigan was higher than the real estate appreciation in the Battle Creek, Michigan MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 52.91% faster than this MSA.
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 132.76 | + 0.11% | + 0.45% |
| 1999 | 3 | 134.99 | + 1.68% | + 6.72% |
| 1999 | 4 | 139.66 | + 3.46% | + 13.84% |
| 2000 | 1 | 137.35 | - 1.65% | - 6.62% |
| 2000 | 2 | 139.45 | + 1.53% | + 6.12% |
| 2000 | 3 | 142.04 | + 1.86% | + 7.43% |
| 2000 | 4 | 143.81 | + 1.25% | + 4.98% |
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 $99,000.00 in 1999, you could multiply by + 8.45%, add the gain and see the home should be worth $107,361.36 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1999 to 2000:
+ 4.22%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 44.43% from 1999 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 41.93% from 1999 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 41.14% from 1999 to the end of 2000
- Salinas-CA increased + 39.42% from 1999 to the end of 2000
- Napa-CA increased + 33.84% from 1999 to the end of 2000
In contrast, the worst 5 MSAs from 1999 to 2000 were Midland-TX, Coeur-d'Alene-ID, Wenatchee-WA, Lewiston-ID-WA, and Lawton-OK .
- Midland-TX decreased by - 2.50% between 1999 and 2000
- Coeur-d'Alene-ID decreased by - 2.19% between 1999 and 2000
- Wenatchee-WA decreased by - 1.05% between 1999 and 2000
- Lewiston-ID-WA decreased by - 0.85% between 1999 and 2000
- Lawton-OK decreased by - 0.79% between 1999 and 2000
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