Real Estate Appreciation for Bay City, Michigan: + 64.80%
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 + 64.80% (+ 8.10% yearly) from 1994 to 2001.
During the same time period, MI had + 66.95% (+ 8.37% yearly).
From 1994 to 2001, Michigan outperformed the individual Bay City, Michigan MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
If you need information on Hard Money Rehab Loans in Bay City, Michigan look at 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 1994, you could multiply by + 64.80%, add the gain and see the home should be worth $156,556.38 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1994 to 2001:
+ 8.10%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2001 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Syracuse-NY .
- Honolulu-HI decreased by - 7.06% between 1994 and 2001
- Utica-Rome-NY only increased + 6.45% between 1994 and 2001
- Glens-Falls-NY only increased + 6.82% between 1994 and 2001
- Albany-Schenectady-Troy-NY only increased + 6.99% between 1994 and 2001
- Syracuse-NY only increased + 7.38% between 1994 and 2001
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