Real Estate Appreciation for Bay City, Michigan: + 32.54%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bay City, Michigan MSA appreciated + 32.54% (+ 5.42% yearly) for the period between 1999 and the end of 2004.
The state had + 34.20% total appreciation (+ 5.70% yearly).
The state average for Michigan was higher than the real estate appreciation in the Bay City, Michigan MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 5.10% faster than this MSA.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 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 Linwood, Michigan Refinance, or Linwood, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Linwood, Michigan home was worth $103,000.00 in 1999, you could multiply by + 32.54%, add the gain and see the home should be worth $136,520.44 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1999 to 2004:
+ 5.42%
Appreciation Comparisons
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 48634 - LINWOOD, MI
MSA Pop: 109452Zip Pop: 4684
Avg Value: 91500
County: BAY
Elev: 594
Region: Midwest
Lat: 43.747429
Long: -84.037764