Parc Chaleur in Baker Home Sales 2016 by Baton Rouge Home Appraiser Bill Cobb

Baton Rouge Home Appraiser Bill Cobb reports on Parc Chaleur Subdivision in Baker Home Louisiana 70714 Did Parc Chaleur Subdivision flood in August 2016? If it did, I didn’t see any signs or evidence of flooding as of 11/12/2016. Baker Is A Weaker Housing Market Overall In general, the Baker housing market is still weak when other markets like Zachary, Baton Rouge, Central and Ascension Parish are very strong. For example, of the 269 sales since January 1, 2015, 78 of them or 29% were distressed sales (foreclosure, short sale or 3rd party). Other markets have far, far less distressed Continue reading Parc Chaleur in Baker Home Sales 2016 by Baton Rouge Home Appraiser Bill Cobb

Baton Rouge Appraiser: Sherwood Forest Suffers Major Price Declines in 2016

The home sales trends within Sherwood Forest Subdivision in Baton Rouge La are listed below as a result of research for a 2016 home appraisal.   Jan 2016 to Oct 2016 Sherwood Forest Home Sales Trends 103 Sales from $75,000 to $265,000 Median Sales Price $149,000 Median Sold Price Per Sq. Ft.: $72/sf Average Sold Price: $147,873 Average Sold Price Per Sq. Ft.: $67/sf Homes Sold From $29/sf to $98/sf Average SP/LP% 96% Average Days On Market: 57 Days Average Home Is 3 Bedrooms, 2 Baths, 2,259sf The “Average SP/LP% 96%” or Listing To Sales Price Ratio means the average Continue reading Baton Rouge Appraiser: Sherwood Forest Suffers Major Price Declines in 2016

Twin Lakes Estates Central Baton Rouge 70770 Home Sales Update

Twin Lakes Estates Central Baton Rouge 70770 Home Sales Update From 2014 to May 9, 2015 Twin Lakes Estates Subdivision: 10 Home Sales $264,000 to $411,000 Median Sales Price $311,000 Average Sold Price $142/sf Average Listing Price To Sales Price Ratio: 100% Average 178 Days On Market For new homes in competition with Twin Lakes Estates as of May 9, 2015: Stable Median Sales Price 6 Month Supply 13 Competing Listings Isn’t An Oversupply 99% List-To-Sales Price Ratio GREATER BATON ROUGE REAL ESTATE DATA NOTE: Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2014 to 05/09/2015, Continue reading Twin Lakes Estates Central Baton Rouge 70770 Home Sales Update

Baton Rouge Home Appraisals 2015 Housing Market Commentary

Baton Rouge Home Appraiser

Baton Rouge Home Appraisers 225-293-1500, 2015 Greater Baton Rouge Housing Market Commentary In this video, Veteran Baton Rouge Home Appraiser, Bill Cobb, offers optimism about the 2015 Baton Rouge Housing Market.     A resource for locals in Greater Baton Rouge to help understand the real estate appraisal process and where it fits into their home valuation. Videos are by veteran Home Appraiser Bill Cobb and Accurate Valuations Group   Home Appraisals Baton Rouge Dot Com Appraiser in Baton Rouge LA, Home Appraisal Guys, HomeAppraisalGuys

Baton Rouge Appraisal Blog Pic Of The Week 02/02/2014

Baton Rouge Appraisal Blog Pic Of The Week 02/02/2014 to 02/08/2014 This week, I worked on an assignment for a proposed construction of a 2,900sf living area range with a very unique Cape Cod or American Craftsman “look” for the French / Country French / Acadian dominated Baton Rouge housing market. While driving this new development, I noticed some traditional and then some not so common styles for Baton Rouge Real Estate, see the second collage image below. If you’re building a custom home that you plan on living in forever, build what you want.  The styles currently in this Continue reading Baton Rouge Appraisal Blog Pic Of The Week 02/02/2014

Are Baton Rouge New Home Buyers Confident In 2013 Housing Recovery?

Are Baton Rouge New Home Buyers Confident In 2013 Housing Recovery?  There’s a new study out that says U.S. Home Builders confidence is building for this national housing recovery.   Some commentary on this study is below.  New Home Market Showing Strength; Builders Confidence in Recovery Growing http://feedproxy.google.comTuesday, July 16, 2013 7:18:43 PM   “The new home market is showing encouraging signs and boosting the confidence of home builders in the market to levels we haven’t seen in over 7 years, according to the latest survey from the National Association of Home Builders and Wells Fargo. Highlights from the survey: Continue reading Are Baton Rouge New Home Buyers Confident In 2013 Housing Recovery?

Baton Rouge Real Estate: Hermitage Subd Gardere Lane Distressed Market Update

Baton Rouge Real Estate: Hermitage Subd Gardere Lane Market Update Buyers seeking to buy Real Estate Investor flipped properties in Hermitage Subdivision should only proceed with extreme caution!  I highly recommend potential buyers obtain a Baton Rouge Pre-Purchase Home Appraisal to ensure they don’t pay too much for a home.  Hermitage is reeling from distressed activity and dealing with a 51% correction in median sales prices since the Post Hurricane Katrina 2007 high pricing.   Hermitage Subdivision has experienced a Steep Correction since 2007 highs.  In 2007, the Hermitage median sales price was $117,500 and in 2013, it’s $58,000, a Continue reading Baton Rouge Real Estate: Hermitage Subd Gardere Lane Distressed Market Update

Shamrock Gardens Subdivision Baton Rouge Appraisers 2012 Update

Shamrock Gardens Subdivision Baton Rouge Appraisers 2012 Update Six of ten or 60% of Shamrock Gardens GBRMLS Home Sales were distressed sales in this search period.     This is from a recent Baton Rouge Home Appraisal I completed in Shamrock Gardens for Pre-Foreclosure purposes on a 1,307sf home.     Shamrock Gardens Subdivision Housing Market Stats Stable Median Sales Price. 15 Month Supply. 5 Competing Listings Isn’t An Oversupply. 96% List-To-Sales Price Ratio. 2012-2013 Sales: 10, Median $67K, Avg Sold:$49/sf, Avg SP/LP%:96%, Avg Days On Market:107.  This is and has been an REO Driven Housing Market with 46.5% of competing Continue reading Shamrock Gardens Subdivision Baton Rouge Appraisers 2012 Update

Baton Rouge’s Mallard Crossing 2012 Home Sales Report DR Horton Homes

Baton Rouge’s Mallard Crossing 2012 Home Sales Report DR Horton Homes This Baton Rouge Housing Update is brought to you by Bill Cobb Appraiser and Mallard Crossing Baton Rouge Home Appraisers   Mallard Crossing Price Trends. 2012 home sales trends in Baton Rouge Louisiana’s Mallard Crossing Subdivision. Based on 13 sales, the Median Sales Price has been $243,000. The average sales price per square foot has been $98/sf. The average home size is 2,419 sf. Homes spent an average of 196 days on the market. The Average Listing-To-Sales-Price-Ratio is 100%, meaning homes are selling for 100 percent of asking prices, 0 percent Continue reading Baton Rouge’s Mallard Crossing 2012 Home Sales Report DR Horton Homes

Lakes at Oak Grove Subdivision Home Sales 2012

Lakes at Oak Grove Subdivision Home Sales 2012 I recently completed a Prairieville Louisiana Home Appraisal in Lakes at Oak Grove Subdivision and discovered these 2012 home price trends based on 4 sales. Average sales price per square foot has been $117/sf. Median Sales Price $239,250. Average size home sold 2,031 sf. Average days on market 39 days. Average Listing-To-Sales-Price-Ratio is 98% meaning homes are selling for 98 percent of asking prices, 2 percent less than asking price.       This Baton Rouge Louisiana Housing Market Report is brought to you by Bill Cobb, Appraiser.   NOTE: Based on Continue reading Lakes at Oak Grove Subdivision Home Sales 2012