Real Estate Appreciation for Bay City, Michigan: + 38.65%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bay City, Michigan did compared to the state as a whole.
The Bay City, Michigan MSA property value change was + 38.65% (+ 7.73% yearly).
All of the property in MI averaged + 38.91% change in value (+ 7.78% yearly).
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bay City, Michigan include real estate investment .
Lets look at Kawkawlin, 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 Kawkawlin, Michigan Refinance, or Kawkawlin, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Kawkawlin, Michigan home was worth $94,000.00 in 1995, you could multiply by + 38.65%, add the gain and see the home should be worth $130,331.00 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1995 to 1999:
+ 7.73%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1999 were Honolulu-HI, Bakersfield-CA, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Madera-CA .
- Honolulu-HI decreased by - 15.07% between 1995 and 1999
- Bakersfield-CA only increased + 2.63% between 1995 and 1999
- Utica-Rome-NY only increased + 2.95% between 1995 and 1999
- Albany-Schenectady-Troy-NY only increased + 3.11% between 1995 and 1999
- Madera-CA only increased + 3.11% between 1995 and 1999
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 48631 - KAWKAWLIN, MI
MSA Pop: 109452Zip Pop: 4632
Avg Value: 91800
County: BAY
Elev: 594
Region: Midwest
Lat: 43.677666
Long: -83.990213