Denham Springs, Louisiana Real Estate News – Accurate Valuations Group Study Shows Woodland Crossing Subdivision Pre & Post Hurricane Katrina Increases 18.6% 1/05 to 4/07
William D. Cobb, a home appraiser with Accurate Valuations Group in the Denham Springs, Louisiana market, is pleased to announce a gain in average home prices within Woodland Crossing Subdivision. Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within within Woodland Crossing Subdivision Pre to Post Hurricane Katrina has been 18.6%. The median price has increased 15.03%. The average price per sq. ft. has increased 13.12%.
Why Choose Woodland Crossing S/D? Woodland Crossing S/D is perhaps the largest residential development in Livingston Parish/County with approximately 750 lots. Woodland Crossing S/D was developed by Saun Sullivan with PCC Homes, which was sold to the national home builder, D. R. Horton, Inc., in early 2006.
Market Summary 4/2006 to 4/14/2007 POST KATRINA:
Avg Sold: $145,083
Median Sold: $146,500
Avg $/SF: $81.31
Avg Days on the Market: 125
Total# Listings: 41
Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:
Avg Sold: $122,353
Median Sold: $127,350
Avg $/SF: $71.88
Avg Days on the Market: 134
Total# Listings: 64
The gain in average homes prices/values within Woodland Crossing Subdivision Pre to Post Hurricane Katrina is from $122,353 to $145,083 or 18.6% increase. The median price/value has increased from $127,350 to $146,500 or 15.03%. The average price per sq. ft. has increased from $71.88/sf to $81.31/sf or 13.12%.
Data Used With The Permission Of The Greater Baton Rouge Board of Realtors
For more information on William D. Cobb and Accurate Valuations Group, please visit http://www.denhamspringshomeappraisals.com/ . This article was written with the assistance of R. Chandler Smith @ http://www.1stsourceappraisals.com/ William D. Cobb with Accurate Valuations Group has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market (Baton Rouge, LA; Baker, LA; Zachary, LA; Greenwell Springs, LA; Denham Springs, LA; Walker, LA; Watson, LA; Livingston, LA; Prairieville, LA; Gonzales, LA; Geismar, LA; Sorrento, LA; Port Allen, LA; Brusly, LA; and Addis, LA).