Real Estate Appreciation for Bay City, Michigan: + 19.97%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 19.97% (+ 4.99% yearly) from 2000 to 2003.
During the same time period, MI had + 19.16% (+ 4.79% yearly).
You can see that the Bay City, Michigan MSA experienced higher appreciation in this case.
Bay-City-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 143.01 | + 1.30% | + 5.18% |
| 2000 | 3 | 146.69 | + 2.57% | + 10.29% |
| 2000 | 4 | 147.53 | + 0.57% | + 2.29% |
| 2001 | 1 | 150.48 | + 2.00% | + 8.00% |
| 2001 | 2 | 153.86 | + 2.25% | + 8.98% |
| 2001 | 3 | 153.85 | - 0.01% | - 0.03% |
| 2001 | 4 | 155.65 | + 1.17% | + 4.68% |
| 2002 | 1 | 157.69 | + 1.31% | + 5.24% |
| 2002 | 2 | 158.6 | + 0.58% | + 2.31% |
| 2002 | 3 | 161.06 | + 1.55% | + 6.20% |
| 2002 | 4 | 162.78 | + 1.07% | + 4.27% |
| 2003 | 1 | 163.09 | + 0.19% | + 0.76% |
| 2003 | 2 | 166.47 | + 2.07% | + 8.29% |
| 2003 | 3 | 166.39 | - 0.05% | - 0.19% |
| 2003 | 4 | 169.38 | + 1.80% | + 7.19% |
There are a lot of ways to use the appreciation data for Bay City, Michigan .
Lets look at Bentley, 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 Bentley, Michigan check out Spec-Loan.com
If you were going to do a Bentley, Michigan Refinance, or Bentley, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Bentley, Michigan home was worth $103,000.00 in 2000, you could multiply by + 19.97%, add the gain and see the home should be worth $123,573.74 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 2000 to 2003:
+ 4.99%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 48613 - BENTLEY, MI
MSA Pop: 109452Zip Pop: 1129
Avg Value: 69000
County: BAY
Elev: 594
Region: Midwest
Lat: 43.936029
Long: -84.115118