http://batonrougerealestateappraisal.com/ – New Rules To Change How Greater Baton Rouge Homes Are Appraised
New Rules To Change How Greater Baton Rouge Homes Are Appraised
Reply
Category Archives: Baton Rouge Real Estate Appraisal
Baton Rouge's Park Forest Subdivision Q1 2009 Update
http://batonrougerealestateappraisal.com/ – Baton Rouge’s Park Forest Subdivision Q1 2009 Update
Solds In Park Forest From 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $148,627
Average Sold Price Per Sq. Ft.: $84.91
Median Sold Price: $147,900
Low Sales Price: $110,000
High Sales Price: $280,000
Average # of Days On Market: 43
# of Sales: 51
Solds In Park Forest From 01/01/2008 to 02/18/2009 reveals:
Average Sales Price: $134,043
Average Sold Price Per Sq. Ft.: $88.41
Median Sold Price: $134,450
Low Sales Price: $90,000
High Sales Price: $196,000
Average # of Days On Market: 94
# of Sales: 28
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Subdivision, the market direction appears to be declining. The Average Sales Price has declined -$14,584 or -9.81%. Median Sales Price has declined -$13,450 or -9.09%. Average Sold Price Per Sq. Ft. has increased +$3.50/sf or +4.12%.
Park Forest data is presented with the permission of the Greater Baton Rouge Association of Realtors.
Author’s Bio:
Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
http://greaterbatonrougerealestatetv.blogspot.com/
Pine Park Subdivision Update, Baton Rouge Real Estate Update For 70809
Pine Park Subdivision Update, Baton Rouge Real Estate Update For 70809 – http://batonrougerealestateappraisal.com/
Westminster Place / Pine Park Subdivisions Map
Pine Park Subdivision: Solds $252,900K to $275K, 2 sales since 1/1/08, avg size 2,559sf, avg sold price $103.53/sf, median sales price $264K, List-Sales Ratio: 96.12%.
An MLS CMA of this Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $251,600
Average Sold Price Per Sq. Ft.: $92.83
Median Sold Price: $215,000
Low Sales Price: $199,900
High Sales Price: $339,900
Average # of Days On Market: 20
# of Sales: 3
An MLS CMA of this Subdivision from 01/01/2008 to 01/17/2009 reveals:
Average Sales Price: $263,950
Average Sold Price Per Sq. Ft.: $103.53
Median Sold Price: $263,950
Low Sales Price: $252,900
High Sales Price: $275,000
Average # of Days On Market: 37
# of Sales: 2
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Pine Park Subdivision, the market direction appears to be increasing. However, it’s difficult to draw a conclusion based on only 3 sold sin 2007 and 2 solds in 2008. So, this data may not be totally reliable for a trend conclusion. Pine Park data used with the permission of the Greater Baton Rouge Board of Realtors.
Author’s Bio:
Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
Baton Rouge Pre-Listing Appraisals
The Lakes At Highland Update, Baton Rouge Real Estate Market Update
http://batonrougerealestateappraisal.com/ – The Lakes At Highland Update, Baton Rouge Real Estate Market Update
The Lakes At Highland Subdivision Baton Rouge Louisiana 70810
The Lakes At Highland (LAH) is a high-end residential development in the highest price zip code within the Baton Rouge marketing area. Home prices within LAH are generally in the $350K to approx. $750K range with a median sales price since 11/03/2007 of $472,000.
Solds From Within The Lakes At Highland Subdivision from 01/01/2007 to 12/31/2007 revealed:
Average Sales Price: $492,625
Average Sold Price Per Sq. Ft.: $158.34
Median Sold Price: $478,250
Low Sales Price: $375,500
High Sales Price: $685,000
Average # of Days On Market: 70
# of Sales: 12
Solds From Within The Lakes At Highland Subdivision from 01/01/2008 to 01/10/2009 reveals:
Average Sales Price: $473,938
Average Sold Price Per Sq. Ft.: $159.49
Median Sold Price: $498,500
Low Sales Price: $356,000
High Sales Price: $575,000
Average # of Days On Market: 42
# of Sales: 8
Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within subdivision, the market direction appears to be increasing to remaining stable/steady. Stable/Steady was chosen as a result of the large # of competing homes on the market.
The Average Sales Price has decreased by -$18,687. This could be due to the fact that there were 2 sales in the first period in 2007 in the $655,000 to $685,000 plus range. These higher sales would have worked to skew the numbers in the second period where the sales were up to $575,000.
Median Sales Price has increased by +$20,250.
Average Sold Price Per Sq. Ft. has increased by +$1.15/sf.
The Lakes At Highland Subdivision Data Is Used With The Permission Of The Greater Baton Rouge Board Of Realtors.
Author’s Bio:
Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 17 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
Baton Rouge Real Estate Appraisers News: Jairo Alvarez / Alvarez Construction Enjoying success after humble start
http://batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers News: Jairo Alvarez / Alvarez Construction Enjoying success after humble start
Jairo Alvarez claims he has free time. But when he isn’t running his homebuilding company, he’s painting or writing or cycling or working his backyard gardens and fruit trees.
The wall of Alvarez’s house is dotted with his original paintings. Most are tranquil landscapes: black-and-white sketches of south Louisiana swamps and watercolors of the humble farmhouses in rural Colombia, where he and wife Anita were raised.
He is now the patriarch of Alvarez Construction, a family run company which has found itself with an increasing amount of work.
The company has more than 500 housing units under development. But the project with perhaps the highest profile is the 100-acre corner of Perkins Road and Pecue Lane, which Alvarez Construction bought in January. Once land clearing is complete this summer, Alvarez will begin transforming it into Jamestown at Old Perkins.
Development plans call for 227 single-family homes and more than 100 condominium units, as well as retail space, office space and 24 acres of lakes and jogging trails.
Alvarez Construction has other major projects under development. Forest Creek is an 81-home subdivision at Tiger Bend and Jones Creek roads. Magnolia Pointe is a 59-home neighborhood on Staring Lane near Boone Drive. South Hampton is a 61-unit upscale condominium complex at Stumberg Lane and Jefferson Highway.
The construction business has been good to Alvarez and his family, especially in the revved-up, post-Katrina market. He and his wife, Anita, live comfortably in an upscale neighborhood in south Baton Rouge.
But their road to success has been a long journey of hard work across two continents and his share of business failures. Read the entire story
CHRIS GAUTREAU; Advocate business writer
Updated: 2007-04-24
Accurate Valuations Group Appraiser, William D. Cobb, has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. For more information on Accurate Valuations Home Appraisal Group, visit Baton Rouge Real Estate Appraisers.