Real Estate Appreciation for Bay City, Michigan: +118.81%
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 +118.81% (+ 7.92% yearly) for the Bay City, Michigan MSA.
The entire state of MI had +105.39% appreciation (+ 7.03% yearly).
The Bay City, Michigan MSA beat out the state. by + 12.73% appreciation.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
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If you were going to do a Essexville, Michigan Refinance, or Essexville, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Essexville, Michigan home was worth $98,000.00 in 1992, you could multiply by +118.81%, add the gain and see the home should be worth $214,429.26 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1992 to 2006:
+ 7.92%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Odessa-TX lost - 9.94% from 1984 thru 1998
- Midland-TX lost - 5.77% from 1986 thru 2000
Zip Code in MSA: 48732 - ESSEXVILLE, MI
MSA Pop: 109452Zip Pop: 11918
Avg Value: 97300
County: BAY
Elev: 594
Region: Midwest
Lat: 43.605514
Long: -83.820892