Tag Archives: flood study

Plantation Estates Denham Springs Post Flood Sales Update May 2017

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Plantation Estates Subdivision Denham Springs Post Flood Home Sales Update as of May 29 2017 Are buyers willing to purchase flood-renovated homes in Plantation Estates closer to Interstate 12 and the Amite River? According to GBRMLS, homes on Hermitage Dr experienced 4.5 feet of flood water. See my commentary in the Number of Post Flood Renovated Listings: 2 section. There’s only two GBRMLS listings, period. Other Western Livingston Parish flood updates can be found here: https://www.denhamspringsappraisers.com/category/flood-study/ As far as I know, ALL homes in Plantation Estates flooded during the “Great Flood” of August 12-15, 2016. I use the term “ALL” Continue reading Plantation Estates Denham Springs Post Flood Sales Update May 2017→

Did Great Flood Send Denham Springs Livingston Parish Home Prices Lower?

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Did Great Flood Send Denham Springs Livingston Parish Home Prices Lower? Absolutely…initially! As median sales price chart below illustrates, prices have declined from $165,000 to $156,000 since January 1 2016 because of the $25,000 to $125,000 sales prices of flooded damaged homes. However…see below HOWEVER, sales prices of flooded-renovated Western Livingston Parish homes would blow your mind. It’s as if today’s post-flood home buyers don’t have any context as to what homes were worth pre-flood…and some of the problems inside subdivisions like Shadow Springs. This is in part due to low inventory, not enough homes available to purchase, and lack Continue reading Did Great Flood Send Denham Springs Livingston Parish Home Prices Lower?→