Real Estate Appreciation for Bay City, Michigan: + 85.04%
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 + 85.04% (+ 8.50% yearly) between 1993 and the end of 2002.
The state of MI had + 80.06% total appreciation (+ 8.01% yearly).
The Bay City, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 6.22% faster than the state as a whole.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bay City, Michigan include real estate investment .
Lets look at Bay City, Michigan, a city located in Bay City, Michigan MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $95,000.00 in 1993, you could multiply by + 85.04%, add the gain and see the home should be worth $175,788.34 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1993 to 2002:
+ 8.50%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2002 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Boulder-CO increased +120.35% from 1993 to the end of 2002
- Barnstable-Town-MA increased +118.49% from 1993 to the end of 2002
- Denver-Aurora-CO increased +117.89% from 1993 to the end of 2002
- Fort-Collins-Loveland-CO increased +112.44% from 1993 to the end of 2002
- San-Jose-Sunnyvale-Santa-Clara-CA increased +107.94% from 1993 to the end of 2002
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
Zip Code in MSA: 48708 - BAY CITY, MI
MSA Pop: 109452Zip Pop: 28961
Avg Value: 70800
County: BAY
Elev: 594
Region: Midwest
Lat: 43.581663
Long: -83.86835