Real Estate Appreciation for Bay City, Michigan: + 23.52%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bay City, Michigan MSA appreciation it was + 23.52% (+ 7.84% yearly) from 1994 to 1996.
During the same time period, MI had + 21.79% (+ 7.26% yearly).
You can see that the Bay City, Michigan MSA experienced higher appreciation in this case.
Bay-City-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 96.69 | + 2.37% | + 9.49% |
| 1994 | 3 | 97.15 | + 0.48% | + 1.90% |
| 1994 | 4 | 102.13 | + 5.13% | + 20.50% |
| 1995 | 1 | 100 | - 2.09% | - 8.34% |
| 1995 | 2 | 102.81 | + 2.81% | + 11.24% |
| 1995 | 3 | 104.28 | + 1.43% | + 5.72% |
| 1995 | 4 | 109.07 | + 4.59% | + 18.37% |
| 1996 | 1 | 109.67 | + 0.55% | + 2.20% |
| 1996 | 2 | 112.44 | + 2.53% | + 10.10% |
| 1996 | 3 | 114.19 | + 1.56% | + 6.23% |
| 1996 | 4 | 116.66 | + 2.16% | + 8.65% |
There are a lot of ways to use the appreciation data for Bay City, Michigan .
Lets look at Bentley, 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 Bentley, Michigan check out Spec-Loan.com
If you were going to do a Bentley, Michigan Refinance, or Bentley, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Bentley, Michigan home was worth $90,000.00 in 1994, you could multiply by + 23.52%, add the gain and see the home should be worth $111,163.58 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1994 to 1996:
+ 7.84%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Logan-UT-ID, and Pueblo-CO .
- Salt-Lake-City-UT increased + 33.67% from 1994 to the end of 1996
- Ogden-Clearfield-UT increased + 32.69% from 1994 to the end of 1996
- Provo-Orem-UT increased + 30.79% from 1994 to the end of 1996
- Logan-UT-ID increased + 29.11% from 1994 to the end of 1996
- Pueblo-CO increased + 27.92% from 1994 to the end of 1996
Zip Code in MSA: 48613 - BENTLEY, MI
MSA Pop: 109452Zip Pop: 1129
Avg Value: 69000
County: BAY
Elev: 594
Region: Midwest
Lat: 43.936029
Long: -84.115118