Real Estate Appreciation for Battle Creek, Michigan: + 30.71%
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 + 30.71% (+ 5.12% yearly) for the period between 1999 and the end of 2004.
The state had + 34.20% total appreciation (+ 5.70% 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 + 11.36% faster than this MSA.
Battle-Creek-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Battle-Creek-MI here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Michigan, you can do some research at Spec-Loan.com.
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 $103,000.00 in 1999, you could multiply by + 30.71%, add the gain and see the home should be worth $134,635.55 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 1999 to 2004:
+ 5.12%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2004 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Vallejo-Fairfield-CA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .
- Salinas-CA increased +147.28% from 1999 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +142.11% from 1999 to the end of 2004
- Vallejo-Fairfield-CA increased +136.81% from 1999 to the end of 2004
- Napa-CA increased +132.64% from 1999 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +132.13% from 1999 to the end of 2004
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
Zip Code in MSA: 49016 - BATTLE CREEK, MI
MSA Pop: 138854Zip Pop: 293
Avg Value: 0
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.303941
Long: -85.17116