Category Archives: 70726

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

Posted on by — No Comments ↓

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

Posted on by — No Comments ↓

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→

Denham Springs House Appraisers: Rolling Meadow 2011 Update

Posted on by — No Comments ↓

http://www.denhamspringsrealestateminute.com/ – Denham Springs House Appraisers: Rolling Meadow 2011 Update. Since the Federal Tax Credit Expiration in May 2010, the number of home sales in Greater Baton Rouge has continued to decline. This is also the case with the Denham Springs market as well as in Rolling Meadow Subdivision, with only 2 home sale2 in the first 5 months of 2011 (as of 5/28/2011). Entrance Homes In Rolling Meadow Subdivision A Pat Wattam Listing @ 24537 Fairweather Drive A Tracy Wempren Listing @ 12237 Bell Meadow A Foreclosure @ 12270 Bell Meadow A Darren James Listing @ 12203 Sundown Drive Continue reading Denham Springs House Appraisers: Rolling Meadow 2011 Update→

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

Posted on by — No Comments ↓

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→

Denham Springs Home Appraisers 2011 Report On Lake at Gray’s Creek Subdivision

Posted on by — No Comments ↓

https://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers 2011 Report On Lake at Gray’s Creek Subdivision According to the DSLD Homes website, Lake At Gray’s Creek is a “Small community conveniently located directly off of Highway 16 in south Denham Springs. Less than one mile from the elementary school, this community has a retainage pond. Quiet location, just minutes from shopping and all other conveniences. New homes priced from the $130’s. In 2009, there were 63 homes built with an average sales price of $142,655 or $101.69/sf. In 2010, there were 32 homes built with an average sales price of $142,235 or Continue reading Denham Springs Home Appraisers 2011 Report On Lake at Gray’s Creek Subdivision→

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

Posted on by — No Comments ↓

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→

Denham Springs Housing Trends For South Point First Q1 2011 Update

Posted on by — No Comments ↓

https://www.denhamspringsappraisers.com/ – Denham Springs Housing Trengs For South Point First Quarter 2011: Home Prices Continue Decline Based On Three (3) Foreclosures! And, even if the 3 foreclosures are removed from analysis, the Average Sales Prices remain at $136,950, Median $135,950 and Sold Price Per Sq. Ft at $89.13/sf.   Recap of 2008 through 2011 South Point Housing Numbers:   So, from 2008 to 2011, the median sales prices have ranged from $151,500, $145,000, $150,750 down to $128,000 in 2011. Sold price per sq. ft. continues to decline from $87/sf in 2010 down to $83/sf in 2011 rounded. YEAR-TO-DATE SOLDS 2011: Continue reading Denham Springs Housing Trends For South Point First Q1 2011 Update→

Greater Baton Rouge Housing Trends For January 2011 Residential Sales Update

Posted on by — No Comments ↓

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?

Posted on by — No Comments ↓

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?→