Real Estate Appreciation for Bay City, Michigan: + 29.47%
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 + 29.47% (+ 4.21% yearly) from 2000 to 2006.
During the same time period, MI had + 27.42% (+ 3.92% yearly).
You can see that the Bay City, Michigan MSA experienced higher appreciation in this case.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Pinconning, Michigan click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Bay City, Michigan.
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 $106,000.00 in 2000, you could multiply by + 29.47%, add the gain and see the home should be worth $137,241.39 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 2000 to 2006:
+ 4.21%
Appreciation Comparisons
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
The top 5 performing MSAs from 2000 to 2006 were Naples-Marco-Island-FL, Riverside-San-Bernardino-Ontario-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Merced-CA, and Bakersfield-CA .
- Naples-Marco-Island-FL increased +181.38% from 2000 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +177.29% from 2000 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +176.02% from 2000 to the end of 2006
- Merced-CA increased +174.94% from 2000 to the end of 2006
- Bakersfield-CA increased +170.91% from 2000 to the end of 2006
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