Real Estate Appreciation for Bay City, Michigan: + 18.30%
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 + 18.30% (+ 4.58% yearly) for the period between 2001 and the end of 2004.
The state had + 16.90% total appreciation (+ 4.23% 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 169.43 | + 0.03% | + 0.12% |
| 2004 | 2 | 171.76 | + 1.38% | + 5.50% |
| 2004 | 3 | 170.02 | - 1.01% | - 4.05% |
| 2004 | 4 | 178.02 | + 4.71% | + 18.82% |
Some of the ways peope use our appreciation data for Bay City, Michigan include real estate investment .
Lets look at Bentley, Michigan, a city located in Bay City, Michigan MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $105,000.00 in 2001, you could multiply by + 18.30%, add the gain and see the home should be worth $124,216.51 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 2001 to 2004:
+ 4.58%
Appreciation Comparisons
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
The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
- Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
- Fresno-CA increased + 90.07% from 2001 to the end of 2004
- Madera-CA increased + 89.58% from 2001 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004
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