Real Estate Appreciation for Bay City, Michigan: + 31.55%
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 + 31.55% (+ 6.31% yearly).
All of the property in MI averaged + 34.69% change in value (+ 6.94% yearly).
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 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 $98,000.00 in 1997, you could multiply by + 31.55%, add the gain and see the home should be worth $128,919.03 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1997 to 2001:
+ 6.31%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 2001 were Honolulu-HI, Williamsport-PA, Springfield-IL, Wenatchee-WA, and Albuquerque-NM .
- Honolulu-HI only increased + 5.24% between 1997 and 2001
- Williamsport-PA only increased + 7.92% between 1997 and 2001
- Springfield-IL only increased + 8.36% between 1997 and 2001
- Wenatchee-WA only increased + 8.71% between 1997 and 2001
- Albuquerque-NM only increased + 8.90% between 1997 and 2001
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
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