Michigan Real Estate ? A Little of Everything

With lakes, forest, farmland, college towns and big cities, Michigan has a little of everything. Fortunately, Michigan real estate prices are on the low end.

Michigan

Michigan is a state of great beauty if the outdoors is your thing. The state borders no less than four of the Great Lakes and has thousands of smaller lakes within its border. Yes, thousands. With all this water come forest and a bevy of outdoor activities. If you prefer the city life, Detroit is in a renaissance. For a taste of the college life, Ann Arbor is the home of the University of Michigan.

Ann Arbor

Home to the University of Michigan, Ann Arbor is a great college town. With a population of roughly 100,000, it is actually a small city but can grow during college football season. The football stadium holds over 100,000, and people from all over the state make a weekend of the games. With the college atmosphere, Ann Arbor is full of interesting little shops, cafes and has an active nightlife. If you?re considering living in a college town, Ann Arbor should be on the top of your list.

Detroit

If ever there was a city that took a beating in the press, it is Detroit. Criticized for an out of control crime problem, the city definitely deserved some criticism in the past. These days, however, Detroit is in the process of turning a new leaf. Over a BILLION dollars has spent renovating the downtown area and crime statistics are down significantly. For comparison purposes, Atlanta and Washington, D.C., have much higher crime rates. The rebirth of Detroit is an ongoing process, so don?t hesitate to give it a look. It may be an opportunity to get in on the bottom floor.

Michigan Real Estate

Michigan real estate prices are surprisingly cheap. A single family home in Detroit will set you back roughly $280,000, while the same home in Ann Arbor is $345,000. On average, the prices in Ann Arbor are the highest in the state.

With such reasonable prices, one wouldn?t really expect to see an exciting appreciate rate in Michigan. For 2005, Michigan real estate appreciated at a miserly rate of a little less than 5 percent.

Posted by Janice Rost on December 13, 2008 at 12:00 AM

About Janice Rost
Janice Rost is affliated with Barb Benson Realty, which is located in Waverly, IA. For further assistance please use the contact information located on the right.

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Local Information for Waverly, IA

Latitude: 42.72653 -- Longitude: -92.475366

ZIP Codes for Waverly, Iowa	50677
Area Code for Waverly, Iowa	319
Time zone for Waverly, Iowa	CST

Other Area Cities: Cedar Falls, IA Waverly, IA

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Indian Reservation: The first permanent residents of Waverly were settled there against their will. Because of their alleged assistance given to Chief Blackhawk during the Blackhawk War (1832) the Winnebago were forced to cede their lands east of the Mississippi and to move to Neutral Ground in what is now northeastern Iowa. They were to receive $270,000 ($10,000 per year for 27 years) and were required to surrender several of their tribesmen accused of murdering whites during the war. At that time there were three tribes living in the area, the Winnebagoes numbering about 500, the Mesquakie numbering about 100 and the Pottawattomies numbering about 50. With Iowa statehood in 1846, the Winnebago were moved again. In a 1845 treaty, the Winnebago exchanged their Iowa lands for the 800,000 acre Long Prairie (Crow Wing River) reserve in Minnesota and $190,000. In 1848 a detachment of United States troops from Fort Atkinson came to enforce the removal. -- Source: Wikipedia.com

Iowa 2000 Census Population Profile Map

	Waverly	Iowa	United States
Population	8,968	2,926,324	281,421,906
Median age	34.1	36.6	35.3
Median age for Male	31.8	35.2	34
Median age for Female	36.1	38	36.5
Households	3,238	1,149,276	105,480,101
Household population	7,647	2,822,155	273,643,273
Average household size	2.36	2.46	2.59
Families	2,143	769,684	71,787,347
Average family size	2.9	3	3.14
Housing units	3,394	1,232,511	115,904,641
Occupied units	3,238	1,149,276	105,480,101
Vacant units	156	83,235	10,424,540

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Michigan Real Estate ? A Little of Everything

Local Information for Waverly, IA

Latitude: 42.72653 -- Longitude: -92.475366

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