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With lakes, forest, farmland, college towns and large cities, Michigan has a small of every little thing. Luckily, Michigan real estate prices are on the low finish. Michigan Michigan is a state of excellent beauty if the outdoors is your factor. The state borders no less than 4 of the Fantastic Lakes and has thousands of smaller lakes inside 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 property of the University of Michigan. Ann Arbor Property to the University of Michigan, Ann Arbor is a fantastic college town. With a population of roughly 100,000, it is really a little city but can grow throughout college football season. The football stadium holds over 100,000, and folks from all more than the state make a weekend of the games. With the college atmosphere, Ann Arbor is full of intriguing tiny shops, cafes and has an active nightlife. If youre taking into consideration living in a college town, Ann Arbor really should be on the top rated 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 manage crime issue, the city certainly deserved some criticism in the past. These days, even so, Detroit is in the method of turning a new leaf. More than a BILLION dollars has spent renovating the downtown location and crime statistics are down considerably. For comparison purposes, Atlanta and Washington, D.C., have a lot higher crime rates. The rebirth of Detroit is an ongoing procedure, so dont hesitate to give it a look. It might be an opportunity to get in on the bottom floor. Michigan Real Estate Michigan true estate prices are surprisingly cheap. A single family house in Detroit will set you back roughly $280,000, whilst the same residence in Ann Arbor is $345,000. On average, the costs in Ann Arbor are the highest in the state. With such reasonable rates, a single wouldnt genuinely anticipate to see an exciting appreciate rate in Michigan. For 2005, Michigan genuine estate appreciated at a miserly rate of a small less than 5 percent. toner