Category Archives: 70706

Denham Springs Home Appraisal Services: Why Did Buyers Give No Value To Nice Brick Gameroom?

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https://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisal Services: Why Did Buyers Give No Value To Nice Brick Gameroom? I came across this sale last week and thought it would shed some light on how “the Market” or “home buyers” view these types of detached amenities. The red arrow below shows this extra 20 x 20 brick Gameroom on concrete slab with electricity and really nice.   The sales price of this 5 year old 2625sf home, with lake view and on larger lot, was between $240,000 to $250,000 in late 2010 or $93/sf. At this sales price for these features, it Continue reading Denham Springs Home Appraisal Services: Why Did Buyers Give No Value To Nice Brick Gameroom?→

Where’s The Bottom For Greater Baton Rouge Housing? Answer Is To Look At Local Incomes

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http://www.baton-rouge-real-estate.com/ – Baton Rouge Home Appraisers: Where’s The Bottom For Greater Baton Rouge Housing? Correct Answer Is Based On Local Incomes!   Last week, David Jacobs, with the Baton Rouge Business Report, reported a startling study about how high and out of sync Greater Baton Rouge housing prices are when combined with transportation. The article, Baton Rouge-area household spends 52% of income on housing and transportation, was published on 8/9/2011. In the article or study, the CNT recommends spending no more than 45% and that combining local housing prices with true transportation costs provides “an accurate measure of of the Continue reading Where’s The Bottom For Greater Baton Rouge Housing? Answer Is To Look At Local Incomes→

Livingston Parish Denham Springs Housing Update For Week of April 22, 2011

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http://www.denhamspringsrealestateminute.com/ – Greater Baton Rouge Housing Update For Week of April 22, 2011 (From April 16-22, 2011). This report covers the primary four (4) Parishes that make up Greater Baton Rouge Real Estate.   ASCENSION PARISH SOLDS: 5 from $67,000 to $229,900, Average Sales Prices $168,180 or $99.98/sf, Median Sales Price $185,000, Average Days On Market 41. LISTINGS: Currently Actives Total: 744 $234,268 Average Listing Price and Median Price $198,200. Currently Pending: 246 $194,128 Average Listing Price and Median Price $174,975. New Listings: 40 With Average Listing Price of $195,992, Median Listing Price of $169,900 Pending Listings: 39 With Average Continue reading Livingston Parish Denham Springs Housing Update For Week of April 22, 2011→

Livingston Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report

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https://www.denhamspringsappraisers.com/ – Western Livingston Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Results   Accurate Valuations Group (Home Appraisals) has completed an analysis of the Western Livingston Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below.   70726. For Zip Code 70726, home sales volume was down 24%, Average Sales Price was up 3% and Average Sold Price Per. Sq. Ft. was down 9%. 70706. For Zip Code 70706, home sales volume was up 30%, Average Sales Price was down 8% and Average Sold Price Per. Sq. Ft. was down 12%. Continue reading Livingston Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report→

Greater Baton Rouge Housing Trends For January 2011 Residential Sales Update

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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 Continue reading Greater Baton Rouge Housing Trends For January 2011 Residential Sales Update→

Must The Garbage Disposal Work For A Denham Springs FHA Home Loan?

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https://www.denhamspringsappraisers.com/ – Must The Garbage Disposal Work For A Denham Springs FHA Home Loan? As a State Certified Home Appraiser in Louisiana and FHA/HUD approved appraiser since 1996, I can validate that FHA Home Loans have strict requirements of operational mechanical systems placed upon the home appraiser to inspect and verify. While home appraisers aren’t necessarily “home inspectors”, FHA home appraisers are required to verify that mechanical systems are functioning properly and that they would appear to have a reasonable life left. HUD or FHA Home Appraisers are expected to be well versed on 2 major manual plus keeping up Continue reading Must The Garbage Disposal Work For A Denham Springs FHA Home Loan?→

Denham Springs Home Appraisers: How Are Beau Chene Subdivision Values Holding Up in 2010?

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https://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers: How Are Beau Chene Subdivision Values Holding Up in 2010? I performed a home appraisal in Beau Chene Subdivision, off Cane Market Road, this week and discovered the following housing numbers below. Beau Chene is one of the many starter home subdivisions within the Western Livingston Parish housing market. Homes generally range from 1,046sf up to 1,572sf, average 1,189sf.   Solds In Beau Chene Subdivision Denham Springs from 1/2010 to 12/8/2010 revealed:Average Sales Price: $120,000, An REO Foreclosure ($140,300 in 2009) Average Sold Price Per Sq. Ft.: $101/sf ($113/sf in 2009) Median Sold Price: Continue reading Denham Springs Home Appraisers: How Are Beau Chene Subdivision Values Holding Up in 2010?→

Denham Springs Real Estate Agents: Four Unique Open House Ideas

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http://www.denhamspringslarealestate.net/ – Denham Springs Real Estate Agents: Four Unique Open House Ideas   The Keeping Current Matters Blog has a helpful article today for Denham Springs Real Estate Agents: 4 Unique Open House Ideas The first paragraph starts out, “Open Houses have long been a tool used by agents to get a home seen. On any given weekend, there are dozens of them in every community in America. How can your real estate agent position YOUR Open House differently to make it stand out from the rest? Remember, the goal of the Open House is to increase traffic and “thinking Continue reading Denham Springs Real Estate Agents: Four Unique Open House Ideas→

Denham Springs Home Appraisers Video: Robert Shiller: End of Tax Credit Could Mean Big Trouble for Housing … and Banks

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https://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers: Robert Shiller: End of Tax Credit Could Mean Big Trouble for Housing … and Banks! Yahoo Finance has an interesting video on Robert Shiller feels that the end of the tax credit could mean big trouble for housing. And… Altos Research Blog this morning has an interesting chart: What if the Housing Stimulus Never Existed?   Yes, this argument is counterfactual, economically speaking, but… as Kyle Bass has asked – “How many problems have you solved by kicking the can down the road?”

Greater Baton Rouge Home Appraisers: One and Three Year Housing Studies Released!

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http://www.batonrougerealestateappraisal.com/ – Greater Baton Rouge Home Appraisers: One Year Housing Study Released! Accurate Valuation Group has released a 1 year and 3 year study on Greater Baton Rouge Housing – Facts, Prices, Trends! The 1 year study includes 10 charts and 3 year includes 9 charts. Click here to view the 1 Year Study! Click here to view the 3 Year Study!