Real Estate Appreciation for Bay City, Michigan: + 72.35%
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 + 72.35% (+ 8.04% yearly) from 1994 to 2002.
During the same time period, MI had + 73.66% (+ 8.18% yearly).
From 1994 to 2002, 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
1999-2002 Quarterly Detailed Appreciation
1996-1999 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 $96,000.00 in 1994, you could multiply by + 72.35%, add the gain and see the home should be worth $165,451.35 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1994 to 2002:
+ 8.04%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 48707 - BAY CITY, MI
MSA Pop: 109452Zip Pop: 0
Avg Value: 0
County: BAY
Elev: 594
Region: Midwest
Lat: 43.529414
Long: -83.84175