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 + 79.33% (+ 7.93% yearly) from 1994 to 2003.

During the same time period, MI had + 80.55% (+ 8.06% yearly). From 1994 to 2003, 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 Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $97,000.00 in 1994, you could multiply by + 79.33%, add the gain and see the home should be worth $173,952.99 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bay-City-MI from 1994 to 2003:
+ 7.93%

Appreciation Comparisons

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 .

  1. Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
  2. New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
  3. Salinas-CA increased +251.06% from 1996 thru 2005
  4. Salinas-CA increased +247.53% from 1997 thru 2006
  5. Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006

Zip Code in MSA: 48708 - BAY CITY, MI

MSA Pop: 109452
Zip Pop: 28961
Avg Value: 70800
County: BAY
Elev: 594
Region: Midwest
Lat: 43.581663
Long: -83.86835