Real Estate Appreciation for Battle Creek, Michigan: + 12.27%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Battle Creek, Michigan MSA appreciated + 12.27% (+ 3.07% yearly) between 2003 and the end of 2006.
The state of MI had + 10.35% total appreciation (+ 2.59% yearly).
The Battle Creek, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 18.58% faster than the state as a whole.
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 159.78 | + 0.93% | + 3.71% |
| 2003 | 3 | 162.12 | + 1.46% | + 5.86% |
| 2003 | 4 | 164.96 | + 1.75% | + 7.01% |
| 2004 | 1 | 166.56 | + 0.97% | + 3.88% |
| 2004 | 2 | 168.05 | + 0.89% | + 3.58% |
| 2004 | 3 | 168.92 | + 0.52% | + 2.07% |
| 2004 | 4 | 173.34 | + 2.62% | + 10.47% |
| 2005 | 1 | 174.93 | + 0.92% | + 3.67% |
| 2005 | 2 | 171.94 | - 1.71% | - 6.84% |
| 2005 | 3 | 175.28 | + 1.94% | + 7.77% |
| 2005 | 4 | 178.06 | + 1.59% | + 6.34% |
| 2006 | 1 | 179.18 | + 0.63% | + 2.52% |
| 2006 | 2 | 178.29 | - 0.50% | - 1.99% |
| 2006 | 3 | 178.08 | - 0.12% | - 0.47% |
| 2006 | 4 | 177.74 | - 0.19% | - 0.76% |
There are a lot of ways to use the appreciation data for Battle Creek, Michigan .
Lets look at Battle Creek, 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 Battle Creek, Michigan check out 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 $109,000.00 in 2003, you could multiply by + 12.27%, add the gain and see the home should be worth $122,377.99 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 2003 to 2006:
+ 3.07%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 49015 - BATTLE CREEK, MI
MSA Pop: 138854Zip Pop: 34067
Avg Value: 86200
County: CALHOUN
Elev: 898
Region: Midwest
Lat: 42.30102
Long: -85.2291