Real Estate Appreciation for Bay City, Michigan: + 92.54%
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 + 92.54% (+ 8.41% yearly) between 1993 and the end of 2003.
The state of MI had + 87.21% total appreciation (+ 7.93% yearly).
The Bay City, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 6.12% faster than the state as a whole.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bay City, Michigan include real estate investment .
Lets look at University Center, 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 University Center, Michigan Refinance, or University Center, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your University Center, Michigan home was worth $96,000.00 in 1993, you could multiply by + 92.54%, add the gain and see the home should be worth $184,841.20 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1993 to 2003:
+ 8.41%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2003 were Binghamton-NY, Honolulu-HI, Rochester-NY, Elmira-NY, and Utica-Rome-NY .
- Binghamton-NY only increased + 13.04% between 1993 and 2003
- Honolulu-HI only increased + 15.17% between 1993 and 2003
- Rochester-NY only increased + 20.38% between 1993 and 2003
- Elmira-NY only increased + 20.39% between 1993 and 2003
- Utica-Rome-NY only increased + 20.41% between 1993 and 2003
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
Zip Code in MSA: 48710 - UNIVERSITY CENTER, MI
MSA Pop: 109452Zip Pop: 0
Avg Value: 0
County: BAY
Elev: 594
Region: Midwest
Lat: 43.562379
Long: -83.989067