Real Estate Appreciation for Bay City, Michigan: + 65.97%
Appreciation for MSAs:.
Let's start by comparing Bay City, 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 + 65.97% (+ 8.25% yearly) for the Bay City, Michigan MSA.
The entire state of MI had + 57.60% appreciation (+ 7.20% yearly).
The Bay City, Michigan MSA beat out the state. by + 14.53% appreciation.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bay City, Michigan .
Lets look at Bay City, Michigan, a city located in Bay City, 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 Bay City, Michigan check out Spec-Loan.com
If you were going to do a Bay City, Michigan Refinance, or Bay City, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Bay City, Michigan home was worth $91,000.00 in 1992, you could multiply by + 65.97%, add the gain and see the home should be worth $151,031.24 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1992 to 1999:
+ 8.25%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 1999 were Boulder-CO, Salt-Lake-City-UT, Denver-Aurora-CO, Provo-Orem-UT, and Fort-Collins-Loveland-CO .
- Boulder-CO increased + 92.82% from 1992 to the end of 1999
- Salt-Lake-City-UT increased + 87.16% from 1992 to the end of 1999
- Denver-Aurora-CO increased + 83.28% from 1992 to the end of 1999
- Provo-Orem-UT increased + 82.08% from 1992 to the end of 1999
- Fort-Collins-Loveland-CO increased + 81.56% from 1992 to the end of 1999
In contrast, the worst 5 MSAs from 1992 to 1999 were Honolulu-HI, Bakersfield-CA, Binghamton-NY, Albany-Schenectady-Troy-NY, and Riverside-San-Bernardino-Ontario-CA .
- Honolulu-HI decreased by - 15.17% between 1992 and 1999
- Bakersfield-CA decreased by - 5.95% between 1992 and 1999
- Binghamton-NY decreased by - 4.68% between 1992 and 1999
- Albany-Schenectady-Troy-NY decreased by - 4.58% between 1992 and 1999
- Riverside-San-Bernardino-Ontario-CA decreased by - 3.65% between 1992 and 1999
Zip Code in MSA: 48706 - BAY CITY, MI
MSA Pop: 109452Zip Pop: 40647
Avg Value: 86100
County: BAY
Elev: 594
Region: Midwest
Lat: 43.609575
Long: -83.921063