Category Archives: Denham Springs Appraisers

Tremendous Opportunity in Greater Baton Rouge Pre-Foreclosures – Buyer Beware!

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http://www.batonrougerealestateappraisers.net/ – Tremendous Opportunity in Greater Baton Rouge Pre-Foreclosures – Buyer Beware!   Tremendous Opportunity in Pre-Foreclosures – Buyer Beware! This was an email I received today and found the advice helpful! “Real estate professionals, investors, and others that know a good opportunity when they see one, realize that today’s real estate market holds tremendous potential for helping them to reach their financial goals. If you’re thinking about jumping into this market, it’s important that you do your homework before investing, to ensure that you’re as happy after your purchase as you were before. Here are some pitfalls to avoid Continue reading Tremendous Opportunity in Greater Baton Rouge Pre-Foreclosures – Buyer Beware!→

Denham Springs Real Estate Appraisers: Why do some houses sit on the market while others sell?

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https://www.denhamspringsappraisers.com/ – Denham Springs Real Estate Appraisers: Why do some houses sit on the market while others sell?   Here’s an interesting video by Jay Papasan, an executive of Keller Williams Realty. We see “Jay” on the month “This Month In Real Estate US: November 2010” videos on YouTube. In this video, Mr. Papasan explains why some houses just sit there on the market while others sell, which is an appropriate topic for locals now that the expiration of the Federal tax credit means a lot homes locally are just sitting. I thought his explanations were helpful explanations. The visual Continue reading Denham Springs Real Estate Appraisers: Why do some houses sit on the market while others sell?→

How To Understand Baton Rouge Home Appraisals: Market Conditions Section

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http://www.batonrougefhaappraisers.com/ – How To Understand Baton Rouge Home Appraisals: Market Conditions Section. The challenges local home appraisers now face when valuing Greater Baton Rouge homes after the Federal Tax Credit Expiration. I recently completed a refinance appraisal assignment off Sharp Rd and witnessed a trend I wanted to bring your attention to. This is still the recovering Post Hurricane Gustav market of MLS Area 42, zip code 70815, generally Broadmoor and Sherwood Forest areas. I say Post Hurricane Gustav because Gustav’s damage in 9/2008 disrupted this housing market more than most realize. I believe the 2 weeks it took to Continue reading How To Understand Baton Rouge Home Appraisals: Market Conditions Section→

Western Livingston Parish Home Appraisers Video: Easterly Lakes 2010 Update

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http://www.batonrougerealestateminute.com/ – Western Livingston Parish Home Appraisers Video: Easterly Lakes 2010 Update. Western Livingston Parish Home Appraiser, Bill Cobb, updates the housing market numbers for Easterly Lakes Subdivision in Watson Louisiana 70706. Based on 6 2010 Sales in Easterly Lakes, 2009 vs 2010, the average and median sales prices are both down as is the average sold price per square foot. The average sold price is down from $230,300 to $201,200. The median sold price is down from $220,000 to $211,500, a -3.8% decline. The average sold price per sq. ft is down from $111.81/sf to $101.08/sf. Year to date, Continue reading Western Livingston Parish Home Appraisers Video: Easterly Lakes 2010 Update→

Western Livingston Parish Home Appraisers: August 2010 Market Data

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https://www.denhamspringsappraisers.com/ – Western Livingston Parish Home Appraisers: August 2010 Market Data The August 2010 housing numbers are in from the Greater Baton Rouge Association of Realtors from 8/1/2010 to 8/31/2010 and from 8/1/2009 to 8/31/2010, extracted on 9/16/2010.   Livingston Parish August 2010 Market Data (For MLS Areas 80, 81, 82 & 83) Total Monthly Sales: 56 (Lowest Number Of Sales In Period) Average Listing Price: $164,295 ($162,914 in 8/2009) Average Sold Price: $161,018 ($160,232 in 8/2009) Median Sold Price: $140,900 ($152,500 in 8/2009)Average Days On The Market: 92 (85 in 8/2009) Listing To Sales Price Ratio: 98% (98.3% in Continue reading Western Livingston Parish Home Appraisers: August 2010 Market Data→

Denham Springs Real Estate: How Much Value Does Converting Garage To Living Area For A PCC or DR Horton Home?

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https://www.denhamspringsappraisers.com/ – Denham Springs Real Estate: How Much Value Does Converting Garage To Living Area For A PCC or DR Horton Home in Subdivisions Like Richmond Place, South Point, Woodland Crossing and Westminister Estates? If you’ve driven through the PCC Homebuilders and/or DR Horton Developments around Denham Springs, it’s likely that you’ve seen homes just like the one above with the garage converted to living area. As I drive through these developments for home appraisals, it seems like it makes sense to convert into this manner because a lot of these residents use their garages for storage and don’t park Continue reading Denham Springs Real Estate: How Much Value Does Converting Garage To Living Area For A PCC or DR Horton Home?→

Westminister Estates Denham Springs August 2010 Update: Number of Sales Up And Price Per Sq. Ft. Down!

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http://www.appraisersindenhamsprings.com/ – Denham Springs Westminister Estates August 2010 Update: Number of Sales Up And Price Per Sq. Ft. Down! There were NO MLS SALES in August 2010. Sold Price Per Sq. Ft. Down $3.66/sf in 2010 or -3.8%.   YEAR-TO-DATE SOLDS: Solds In South Point from 1/1/2010 to 8/31/2010 revealed:Average Sales Price: $150,040 Average Sold Price Per Sq. Ft.: $92.63 (Avg through 8/09 $96.29)Median Sold Price: $144,450Number of Sales: 10 Average Days On Market: 57 Low To High: $121,900 to $189,900 Number of Sold REO/Foreclosures Noted In MLS: 2 NUMBER OF SALES IN 2010 VERSUS 2009: -12.5% Decline In The Continue reading Westminister Estates Denham Springs August 2010 Update: Number of Sales Up And Price Per Sq. Ft. Down!→

Denham Springs South Point August 2010 Update: Number of Sales And Price Per Sq. Ft. Down!

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http://www.southpointappraiser.com/ – Denham Springs South Point August 2010 Update: Number of Sales And Price Per Sq. Ft. Down! There was only 1 sale in August 2010. Sold Price Per Sq. Ft. Down $7.66/sf in 2010 or -8%. AUGUST 8/1/2010 to 8/31/2010: Only 1 GBRMLS Sale. 23944 Teakwood Dr, with 1,134sf sold for $106,500 or $94/sf. YEAR-TO-DATE SOLDS: Solds In South Point from 1/1/2010 to 8/31/2010 revealed:Average Sales Price: $147,476 Average Sold Price Per Sq. Ft.: $88.24 (Avg through 8/09 $95.90)Median Sold Price: $149,500Number of Sales: 21 Average Days On Market: 85 Low To High: $106,500 to $198,500 Number of Sold Continue reading Denham Springs South Point August 2010 Update: Number of Sales And Price Per Sq. Ft. Down!→

Denham Springs Woodland Crossing August 2010 Update: Number of Sales Down, Price Per Sq. Ft. Up!

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http://www.woodlandcrossingappraiser.info/ – Denham Springs Woodland Crossing August 2010 Update: Number of Sales Down, Price Per Sq. Ft. Up! There was only 1 sale in August 2010. AUGUST 8/1/2010 to 8/31/2010: Only 1 GBRMLS Sale. 12309 Pinebrook Dr, with 1,620sf sold for $144,000 or $88.89/sf. YEAR-TO-DATE SOLDS: Solds In Woodland Crossing from 1/1/2010 to 8/31/2010 revealed:Average Sales Price: $149,057 Average Sold Price Per Sq. Ft.: $93.80 (Avg through 8/09 $90.74)Median Sold Price: $147,535Number of Sales: 40 Average Days On Market: 94 Low To High: $118,900 to $210,000 Number of Sold REO/Foreclosures Noted In MLS: 2 NUMBER OF SALES IN 2010 VERSUS Continue reading Denham Springs Woodland Crossing August 2010 Update: Number of Sales Down, Price Per Sq. Ft. Up!→

Don’t Let ‘Floppers’ Flip Your Greater Baton Rouge House

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http://www.batonrougerealestatebuzz.com/ – Don’t Let ‘Floppers’ Flip Your Greater Baton Rouge House! Housing Watch Dot Com has an interesting article on “Short-Sale Flopping“! Read the entire article here: Don’t Let ‘Floppers’ Flip Your House. Buzz has provided a few snippets below. “Looking to get rid of a house that’s underwater? If you’re stuck with a home that’s worth less than your mortgage, you could be bait for a new scam that’s just starting to take hold called short-sale “flopping.” A flopper drives down the price of your home so that the lender will allow the borrower to sell your home for Continue reading Don’t Let ‘Floppers’ Flip Your Greater Baton Rouge House→