http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal Video: Highland Road Housing Market Trends In 2011.

Video Link is: http://www.youtube.com/watch?v=W_Y3eTRa_D8

In this video, local home appraiser of 20 years, Bill Cobb, points out trends observations from the Area 53 housing market, generally from Essen Lane over toward Country Club of Louisiana area.

This is a “sub-market” study of homes 2900sf to 3450sf, from 11-15 to 16-20 years old, from approx. $300,000 up to $450,000 range. This is not a broad study but a limited study of homes comparable to a 3250sf home buil in 1994 in the Bluebonnet 70810 market. The observations here are not broad or general, but specifics to these parameters.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of June 1, 2008 to March 6, 2011. This information was extracted on 3/6/2011.

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog: Azalea Lakes Subdivision 2009-2010 Update. Both the Average and Median Sales Prices were DOWN by -2% and 3.4%in 2010, but the Average Sold Price Per Sq. Ft. was up by +$2.34/sf or 2%.

Solds In Azalea Lakes from 1/2010 to 12/31/2010 revealed:
Average Sales Price: $193,080 ($197,147 in 2009)
Average Sold Price Per Sq. Ft.: $117.61/sf ($115/sf in 2009)
Median Sold Price: $187,900 ($194,500 in 2009)
Number of Sales: 15 (14 shown on chart below)
Average Number of Days On Market: 82
Low To High: $165,000 to $255,000
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 5, 0 Are Foreclosures
Current Listings Prices: $179,900 To $379,900

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 2/17/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Skyline Photo Taken At 63 Mph From Mississippi River Bridge

This amazing photo was taken by local Real Estate Agent, Michael Steve Bourriague, Photo taken at 63 miles per hour from the bridge at f11, .125 sec with Sony a550 camera held out of the window looking backwards…

Michael Steve Bourriague is a full time Real Estate Broker/REALTOR® with MSB Realty, LLC. For personal service in Livingston Parish, East Baton Rouge Parish, and Ascension Parish, Call Steve at (225) 939-3030.

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog Video: Review of Shadowbrook Lakes Housing

Shadowbrook Lakes Subdivision 2010 Housing Numbers
# of Sales: 4
Sales Prices: $299,900 to $399,900
Median Sales Price: $299,900
Average Sales Price: $151.07/sf
5 Current Listings From $294,900 up to $399,900

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog: Hermitage Subdivision 2010 Update

Hermitage Subdivision is conveniently located near the blossoming area of the Bluebonnet Extension and Nicholson Drive, only a few miles from LSU and the Central Business District!

Solds In Hermitage Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $101,360 ($81,500 in 2009)
Average Sold Price Per Sq. Ft.: $72/sf ($59/sf in 2009)
Median Sold Price: $95,000 ($82,000 in 2009)
Number of Sales: 5 (7 in 2009)
Average Number of Days On Market: 42 (69 in 2009)
Low To High: $79,900 to $127,000
Number of Sold REO/Foreclosures Noted In MLS: 2
Current # Listings: 4, 1 Is A Foreclosure
Current Listings Price: $54,000 to $115,900 or $51/sf to $85/sf

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 2/16/2011.

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog: January 2011 East Baton Rouge Residential Building Permit Numbers Released

RESIDENTIAL PERMITS DECLINE Were Down In 2010! As a whole, residential building permits were down from 2,184 in 2009 versus 1,964 in 2010, a decline of 220 permits or -10% (includes all residential permit types). December 2010 versus December 2009 saw an increase from 177 in 12/2009 to 201 in 12/2010.

DECEMBER 2010 RESIDENTIAL SFR PERMITS TOTAL “53″! For Residential Permits only for “Single Family Residences”, December 2010 saw 53 permits issued versus 44 for November 2010.

ANY IMPROVEMENT IN JANUARY 2011? NO! According to EBRP Department of Public Works Permit Office, “Building permits are down from 1,763 in December 2010 to 1,673 in January 2011.” For Residential ONLY, there were 30 permits issued for Single Family Residences and 62 for Additions-Remodeling for a total of 92 permits. This is a -36% decrease compared to the 143 permits issued in January 2010. And, this is -48% decrease compared to the 177 permits issued in December 2010. However, December 2010 did see an odd “88″ permits for “Duplexes”, which was more than any recorded in recent history.

NOTE: Top Image Source: www.remodeling-sanantonio.com

http://www.homeappraisalsbatonrouge.com/ – Greater Baton Rouge Housing Trends For January 2011 Residential Sales Update!

Ok, we know from the recent LREC release that in all of 2010, the number of home sale was down -7.3%. Total home sales volume was down -5.2%. And, that the “Average Sales Price”, which I am not a fan of reporting on, rose 2.3% from $197,587 in 2009 to $202,138 in 2010. To find out why I’m not a fan of using Average Sales Price, see this explanation under “AVERAGE SALES PRICE IS NOT INDICATOR WHAT WE SHOULD BE RELYING ON! .

WHAT INDICATIONS CAN WE DRAW FROM JANUARY 2011 NUMBERS? So, with 2010 being a down year for the number of home sales, how did January 2011 perform to give us an indication of what 2011 might result in?

On Facebook in 2011, there’s been a lot of positive comments from local Agents about the uptick in Agent showings and buyer interest. Is that translating into actual increase in the number of home sales?

Number Of Home Sales Down 9%. January home sales were down 9% from 2010 with 328 total sales recorded for the first month of the year versus 360 for January 2010.

No Improvement In Number Of Sales By Parish. There was no improvement in the number of home sales for ALL four local Parishes. Ascension had 73 sales in 2010 versus 72 in 2011, down 1%. East Baton Rouge had 206 sales in 2010 versus only 183 in 2011, down 11%. Livingston had 74 sales in 2010 versus 66 in 2011, down 11%. And, West Baton Rouge had 7 sales in 2010 versus 7 in 2011, unchanged.

Average Sales Price Unchanged. Average home sales prices were up 0.61% from 2010 $188,529 to $189,688 for 2011.

Median Sales Price Up 2.5%. Median home sales prices were up 2.5% from 2010 $164,850 to $168,950 for 2011.

Average Sales Price Per Sq. Ft. Down 2.3%. Average home sales prices per square foot was down 2.3% from $99.70/sf in 2010 versus $97.40 in 2011.

Days On Market Increased. Marketing time periods also increased in 2011 to an average of 103 days versus 92 days in 2010

Number of Existing Home Sales Down, Prices Up Just Slightly. Existing home sales made up 79% or 259 of the total sales recorded with an average sales price of $189,356, median sale price of $159,900. In 2010, Existing home sales made up 76% or 274 of the total sales recorded with an average sales price of $185,144 and median sale price of $159,450. So, the 2011 average sales price is up 2.3% while the median sales price was virtually unchanged.

Number of New Home Sales Down, Prices Up. New home sales made up 21% of the total sales recorded. There were 69 new homes sold in 2011 with an average sales price of $202,197 and median sales price of $179,900 versus 86 in 2010 with and average sales price of $199,313 and median sales price of $176,598.

Number of Foreclosure Sales Up 15%, Prices Down! Bank sales were up 15% from the prior year and average bank sales prices were up 21%. Average REO Sales Prices in 2010 were $113,265 versus only $106,247 in 2011. There were 60 “REO” sales in 2011 versus 52 in 2010.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to January 1, 2011. This information was extracted on 02/11/2011. Source For Quarterly Indicators chart is LREC.

Search Parameters were Ascension, Livingston, East Baton Rouge and West Baton Rouge Parishes, All property types except Manufactured Housing and All ages.

Tags: Ascension Parish Real Estate, Baton Rouge FHA Appraisers, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Agents, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Livingston Parish Real Estate, West Baton Rouge Parish

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Area 2011 St. Jude Dream Home Photo Gallery And Video Are Online

Accurate Valuations Group is a proud sponsor of the St. Jude Dream Home, providing home appraisal services for the Dream Home since the year 2000. Buy your tickets at the links below.

Direct Link And Info From Sponsor WBRZ Information Page: http://www.wbrz.com/st-jude-dream-home-giveaway

TICKETS: $100 tickets will go on sale December 14, 2010. You may reserve your ticket at Citizen’s Bank & Trust branch locations, The UPS Store, open houses, www.stjudedreamhome.org or by phone at (800) 726-6409.

Grand Prize: Approximate value is: $350,000

The first place prize is the St. Jude Dream Home house located at 37393 Hwy. 621 in Prairieville in the Lakes at Ascension subdivision.
The St. Jude Dream Home house features:
Four bedrooms, 3 baths
3,052 square feet living, 3,755 square feet total area
Upstairs den/playroom
Granite Slabs
Stainless Steel Appliances
Bricked Courtyard
Wood FloorsCypress Cabinets
Bronze Light and plumbing fixtures

This year marks the thirteenth year of construction of the St. Jude Dream Home in the Greater Baton Rouge Area. The St. Jude Dream Home Giveaway is the original and longest running home raffle conducted in our community. Proceeds generated from the sale of tickets to win this home directly benefit St. Jude Children’s Research Hospital, the St. Jude Affiliate Clinic located in Baton Rouge and children locally, nationally and around the world.

Other Prizes
In addition to the St. Jude Dream Home house, other prizes will be given away. Each is valued at $1,000 or more. These prizes include:
$1,000 gift certificate at Kean’s Fine Dry Cleaning
Flowers each month for a year, courtesy of Billy Heroman’s Flowerland
$1,000 gift certificate at Memory Mania
$1,000 gift certificate at Shear Illusions Hair Salon
Two $500 gift certificate at Carriages
One year family membership, courtesy of Spectrum Fitness Club
Spa services and products, courtesy of St. Michel Day Spa
5-piece patio set, courtesy of Brian’s Furniture
$1,000 gift certificate at Kleinpeter Photography
$1,000 savings bond, value at maturity date, courtesy of Citizens Bank & Trust
Talo® SmartTouch® kitchen faucet & accessories, courtesy of Brizo®
Two painting parties, courtesy of Mud Pies and Masterpieces
Custom built furniture, courtesy of Kayu Furniture Imports
Desktop computer and printer, courtesy of Diamond Foods
Mural, courtesy of Tara Buttons
$500 gift certificate at The Melting Pot $1,200 gift certificate at Associated Grocers

Open Houses:

The St. Jude Dream Home house will be open to the public every Saturday and Sunday, February 5-March 20, (Saturdays 9 a.m. to 5 p.m. and Sundays noon to 5 p.m.).

Call (800) 726-6409 for directions.

Tour of the St. Jude Dream Home with Whitney:

Drawing:

Winners will be announced during the live St. Jude television special on WBRZ Channel 2 on March 27, 2011. Only 11,500 tickets will be sold.

For more information, call the 24-hour toll-free hotline at 1-(800) 726-6409 or visit www.stjudedreamhome.org

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog Video: Jefferson Square Townhomes Report. Report on Baton Rouge Townhouses In 70809.

Jefferson Square Townhomes 2010 Numbers

SOLDS: Only “1″ Sale In 2010
$148,000 or $97/sf

LISTINGS: There are 5 Current Listings,3 Pending, 2 Active Listings
Listed from $139,900 up to $159,900

Tags: Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate Trends, Baton Rouge Townhomes, Baton Rouge Condos, Baton Rouge Townhomes, Baton Rouge Townhouses

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Home Appraisal Blog: Cameron’s Corner Offers New Custom Townhomes For Central Community. These new units are great compliment to the Central Community!

As I was driving into Rambling Oaks Subdivision the other day, I noticed a new set of really nice Townhomes. I pulled into the development to see that the builder developer was Patterson Homes.

I contacted the Listing Agent, Treshur Jones @ 225-954-2460 to inquire about this new development. According to Treshur, “I am very pleased with the project and also think they are a great addition to the Central community!!” Also, Treshur stated, “2 are pending and I am currently waiting on the third contract right now. The HOA dues are now $800 for the year and that includes their insurance.”

There are 5 new townhomes ranging in living area sizes from 1,263sf, 1,383sf to 1,399sf listed from $145,900, $149,900, $159,000 and $164,900. The features are listed below from the GBRMLS sheets. From the online MLS photos, it appeared these were more upscale units with slab granite counters, upgraded appliances, really nice.

“GREAT ONE STORY TOWNHOMES IN THE HEART OF CENTRAL! HOMES HAVE OPEN FLOORPLANS WITH STAINLESS STEEL APPLIANCES & OIL RUBBED BRONZE FIXTURES. LARGE MASTER BEDROOM WITH LARGE CLOSET. MASTER BATH HAS DOUBLE SINKS. CONVENIENT COMPUTER NOOK. ENCLOSED GARAGE WITH PRIVATE COURTYARD ENTRANCE. PRIVACY FENCE IN BACK.”

These new units are great compliment to the Central Community! Bill Cobb, Appraiser

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