Real Estate Appreciation for Battle Creek, Michigan: + 14.10%
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 + 14.10% (+ 4.70% yearly) for the period between 1999 and the end of 2001.
The state had + 18.83% total appreciation (+ 6.28% 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 + 33.52% 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% |
| 2001 | 1 | 147.33 | + 2.45% | + 9.79% |
| 2001 | 2 | 147.92 | + 0.40% | + 1.60% |
| 2001 | 3 | 149.39 | + 0.99% | + 3.98% |
| 2001 | 4 | 151.31 | + 1.29% | + 5.14% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Battle Creek, Michigan click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Battle Creek, Michigan.
If you were going to do a Battle Creek, Michigan Refinance, or Battle Creek, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Battle Creek, Michigan home was worth $100,000.00 in 1999, you could multiply by + 14.10%, add the gain and see the home should be worth $114,101.50 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1999 to 2001:
+ 4.70%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 49014 - BATTLE CREEK, MI
MSA Pop: 138854Zip Pop: 22869
Avg Value: 82700
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.31024
Long: -85.10598