Real Estate Appreciation for Battle Creek, Michigan: + 7.71%
Appreciation for MSAs:.
Let's start by comparing Battle Creek, Michigan to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 7.71% (+ 3.86% yearly) for the Battle Creek, Michigan MSA.
The entire state of MI had + 6.82% appreciation (+ 3.41% yearly).
The Battle Creek, Michigan MSA beat out the state. by + 13.11% appreciation.
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 154.21 | + 0.69% | + 2.77% |
| 2002 | 3 | 155.55 | + 0.87% | + 3.48% |
| 2002 | 4 | 156.95 | + 0.90% | + 3.60% |
| 2003 | 1 | 158.31 | + 0.87% | + 3.47% |
| 2003 | 2 | 159.78 | + 0.93% | + 3.71% |
| 2003 | 3 | 162.12 | + 1.46% | + 5.86% |
| 2003 | 4 | 164.96 | + 1.75% | + 7.01% |
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 $105,000.00 in 2002, you could multiply by + 7.71%, add the gain and see the home should be worth $113,096.96 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 2002 to 2003:
+ 3.86%
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