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 + 12.56% (+ 4.19% yearly) for the period between 2001 and the end of 2003.

The state had + 11.94% total appreciation (+ 3.98% yearly). The Bay City, Michigan MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Bay-City-MI

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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 Bentley, Michigan Refinance, or Bentley, Michigan Reverse Mortgages, you could estimate your home value.

If you knew your Bentley, Michigan home was worth $104,000.00 in 2001, you could multiply by + 12.56%, add the gain and see the home should be worth $117,062.20 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bay-City-MI from 2001 to 2003:
+ 4.19%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .

  1. Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
  2. Chico-CA increased + 50.54% from 2001 to the end of 2003
  3. Fresno-CA increased + 50.27% from 2001 to the end of 2003
  4. Redding-CA increased + 49.39% from 2001 to the end of 2003
  5. Madera-CA increased + 48.53% from 2001 to the end of 2003

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 48613 - BENTLEY, MI

MSA Pop: 109452
Zip Pop: 1129
Avg Value: 69000
County: BAY
Elev: 594
Region: Midwest
Lat: 43.936029
Long: -84.115118