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 + 6.53% (+ 3.26% yearly) for the period between 2001 and the end of 2002.

The state had + 7.67% total appreciation (+ 3.84% 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 + 17.49% faster than this MSA.

Battle-Creek-MI

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 147.92 + 0.40% + 1.60%
2001 3 149.39 + 0.99% + 3.98%
2001 4 151.31 + 1.29% + 5.14%
2002 1 153.15 + 1.22% + 4.86%
2002 2 154.21 + 0.69% + 2.77%
2002 3 155.55 + 0.87% + 3.48%
2002 4 156.95 + 0.90% + 3.60%


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 $103,000.00 in 2001, you could multiply by + 6.53%, add the gain and see the home should be worth $109,725.45 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 2001 to 2002:
+ 3.26%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. 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