Real Estate Appreciation for Bay City, Michigan: + 32.64%
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 + 32.64% (+ 4.66% yearly) for the period between 1999 and the end of 2005.
The state had + 38.88% total appreciation (+ 5.55% 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 + 19.12% faster than this MSA.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bay City, Michigan .
Lets look at Pinconning, 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 Pinconning, Michigan check out Spec-Loan.com
If you were going to do a Pinconning, Michigan Refinance, or Pinconning, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Pinconning, Michigan home was worth $104,000.00 in 1999, you could multiply by + 32.64%, add the gain and see the home should be worth $137,946.54 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1999 to 2005:
+ 4.66%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2005 were Salinas-CA, Merced-CA, Naples-Marco-Island-FL, Vallejo-Fairfield-CA, and Modesto-CA .
- Salinas-CA increased +208.13% from 1999 to the end of 2005
- Merced-CA increased +193.70% from 1999 to the end of 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 to the end of 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 to the end of 2005
- Modesto-CA increased +182.15% from 1999 to the end of 2005
In contrast, the worst 5 MSAs from 1999 to 2005 were Lafayette-IN, Ogden-Clearfield-UT, Burlington-NC, Columbus-IN, and Springfield-IL .
- Lafayette-IN only increased + 14.47% between 1999 and 2005
- Ogden-Clearfield-UT only increased + 17.01% between 1999 and 2005
- Burlington-NC only increased + 17.19% between 1999 and 2005
- Columbus-IN only increased + 18.62% between 1999 and 2005
- Springfield-IL only increased + 18.92% between 1999 and 2005
Zip Code in MSA: 48650 - PINCONNING, MI
MSA Pop: 109452Zip Pop: 7587
Avg Value: 80900
County: BAY
Elev: 594
Region: Midwest
Lat: 43.849115
Long: -83.993424