Real Estate Appreciation for Bay City, Michigan: + 67.70%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bay City, Michigan MSA appreciated + 67.70% (+ 8.46% yearly) between 1993 and the end of 2000.
The state of MI had + 64.48% total appreciation (+ 8.06% yearly).
The Bay City, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 4.99% faster than the state as a whole.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 $93,000.00 in 1993, you could multiply by + 67.70%, add the gain and see the home should be worth $155,965.56 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1993 to 2000:
+ 8.46%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2000 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Bakersfield-CA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 12.00% between 1993 and 2000
- Utica-Rome-NY decreased by - 0.39% between 1993 and 2000
- Binghamton-NY only increased + 0.04% between 1993 and 2000
- Bakersfield-CA only increased + 0.49% between 1993 and 2000
- Albany-Schenectady-Troy-NY only increased + 0.78% between 1993 and 2000
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
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