Real Estate Appreciation for Battle Creek, Michigan: + 1.61%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Battle Creek, Michigan did compared to the state as a whole.
The Battle Creek, Michigan MSA property value change was + 1.61% (+ 0.80% yearly).
All of the property in MI averaged + 1.41% change in value (+ 0.71% yearly).
Battle-Creek-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 Athens, 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 Athens, Michigan Refinance, or Athens, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Athens, Michigan home was worth $111,000.00 in 2005, you could multiply by + 1.61%, add the gain and see the home should be worth $112,783.06 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Battle-Creek-MI from 2005 to 2006:
+ 0.80%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2005 to 2006 were Saginaw-Saginaw-Township-North-MI, Flint-MI, Kokomo-IN, Muncie-IN, and Ann-Arbor-MI .
- Saginaw-Saginaw-Township-North-MI decreased by - 3.27% between 2005 and 2006
- Flint-MI decreased by - 1.05% between 2005 and 2006
- Kokomo-IN decreased by - 1.00% between 2005 and 2006
- Muncie-IN only increased + 0.20% between 2005 and 2006
- Ann-Arbor-MI only increased + 0.22% between 2005 and 2006
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- 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