Baton Rouge Home

Amazing Beauregard Town Renovation: 975 Louisiana Avenue Before and After Photos
http://www.batonrougerealestateappraisal.com/ – Amazing Beauregard Town Renovation: Before and After Photos!
This is 975 Louisiana Avenue, near Beauregard Town and the Baton Rouge Central Business District. I appraised this property in 2008 as a foreclosure when the condition was much less impressive. Property was sold through local Real Estate Agents, Jeff Furniss and Darry Gissel in 11/2008 for $70,000. 975 Louisiana Avenue is actally located in Young Subdivision, near Beauregard Town.
2011 AFTER PHOTO!

2008 BEFORE PHOTOS BELOW!




Baton Rouge Home Appraisal Blog: Cameron’s Corner Offers New Custom Townhomes For Central Community
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

Tags: baton rouge for sale by owner, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, baton rouge real estate agent listings, Baton Rouge Real Estate Agents, Baton Rouge Real Estate Appraisers, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Baton Rouge Real Estate Videos, Baton Rouge Realtor, Baton Rouge Realtors, Central City, Central La, Baton Rouge Townhomes, Central Community Townhomes, Patterson Homes

East Baton Rouge Parish Residential Building Permits Charting For 2000-2010 YTD and By Month in 2010
http://www.batonrougerealestatetrends.net/building-permits/ – East Baton Rouge Parish Residential Building Permits Charting For 2000-2010 YTD and By Month in 2010

The East Baton Rouge Parish Residential Building Permit Data Through September 2010 has been released. See the results below for actual residential building permits less those permits issued for additions or remodeling projects. In 2008, there were a total of 693, in 2009 882 and in 2010 year-to-date, there have been 549 through September 2010. If this pace continues through 2010, there should be 732 permits issued, which will be better than 2008, but less than 2009.
RESIDENTIAL BUILDING PERMIT CHARTS FROM YEARS 2000 TO 2010 YEAR TO DATE. NOTE: Does Not Include Permits For Additions or Remodeling!

2010 EAST BATON ROUGE RESIDENTIAL BUILDING PERMIT CHARTS BY MONTH YEAR TO DATE. NOTE: Does Not Include Permits For Additions or Remodeling!


Baton Rouge Real Estate Trends: September 2010 GBR MLS Numbers Are Released!
http://www.batonrougerealestatetrends.net/ – Baton Rouge Real Estate Trends: September 2010 GBR MLS Numbers Are Released!
Active Listings On 10/1/2010: 4245
Pending Listings On 10/1/2010: 795
SOLDS
Sept 2010-407 (Decline of 172 or -30% Compared to 9/2009)
Sept 2009-579
Sept 2008-374 ( Hurricane Gustav Meant Less Closings )
Sept 2007-695
Sept 2006-841
Sept 2005-1763 (Hurricane Katrina Meant Increase In Sales)
Sept 2004-635

NOTE: These numbers are provided by Tony Zito with Zito Real Estate Group and used with the permission of GBRAR MLS. Search dates would be 9/1/2004 through 10/1/2010, extraction date 10/1/2010. Parishes include East Baton Rouge, Livingston and Ascension.

Baton Rouge Real Estate Appraisal: Plantation Trace 2010 Housing Report
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal: Plantation Trace 2010 Housing Report

Solds In Plantation Trace 70808 from 1/2010 to 9/28/2010 revealed:
Average Sales Price: $275,500
Average Sold Price Per Sq. Ft.: $116.33/sf
Median Sold Price: $275,000
Number of Sales: 6
Average Number of Days On Market: 36
Low To High: $218,000 to $345,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 6, 0 Are Listed As Foreclosures
Current Listings Prices: $210,000 To $399,000
Below is the charting of median sold price since 1/1/2005.

NOTE: Data for the Baton Rouge Real Estate Trends Report was used with the permission of the GBRAR. Data search was from 1/1/2005 to 9/28/2010, extracted on 9/28/2010.

Tags: Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Homes For Sale, Baton Rouge Real Estate, baton rouge real estate agent listings, Baton Rouge Real Estate Agents, Baton Rouge Real Estate Appraisers, Baton Rouge Real Estate Buzz, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Minute, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors

Baton Rouge Real Estate Buzz Video: Carrington Place June 2010
http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz Video: Carrington Place June 2010


Would You Buy This Foreclosed Home In Port Allen 70767: 2124 Benedetto Ln?
http://www.batonrougerealestateappraisers.net/ – Would You Buy This Foreclosed Home In Port Allen 70767: 2124 Benedetto Ln?



Home To Be Listed With:
Ronald Julien & Associates, 1926 Wooddale Boulevard
Baton Rouge, LA 70806-1539
(225) 926-3475
Tags: West Baton Rouge, Port Allen, 70767, Homes For Sale, West Baton Rouge Foreclosures, Port Allen Foreclosures

Great News For Greater Baton Rouge Real Estate Housing In 2010, Four Percent Gain
http://www.batonrougerealestateappraisal.com/ – Great News For Greater Baton Rouge Real Estate Housing In 2010
Realtor.org is reporting that Baton Rouge Metro Area (Greater Baton Rouge) experienced a median sales price increase of +4.3% since Q1 2009. The article is here and the charting is below.


How is the Baton Rouge Real Estate Westdale Terrace 70808 Market Performing in 2010?
http://www.batonrougehomeappraisal.com/ – How is the Baton Rouge Real Estate Westdale Terrace 70808 Market Performing in 2010?
I recently performed a “Pre-Listing” home appraisal in Baton Rouge’s Westdale Terrace and the homeowner was saying what a bad time in the local real estate market to be trying to sell a home. I was scratching my head wondering if this homeowner had been watching the CBS News and applying what’s taking place in the national housing market to the local Baton Rouge Real Estate market, which would be a mistake. So, on May 10, 2010, I ran the numbers in the GBRAR MLS based on similar slab homes in Zip Codes 70806 and 70808, 1400sf to 1800sf, 3 bedrooms and with a 3 miles of Westdale Terrace. The results are below.


What I found is that YES, the median sales price is down -3.62% since February 2009 when the median sales price was $191,957, now $185,000. However, since May 2009 when the median sales price was $176,000, the February 2010 median sales price is $185,000, which is a +5.1% increase! YES, the last competing sales in this market were in February 2010, which shows a “stable market” and / or slower home sales. Also, within Westdale Terrace, homes are remaining on the market longer, which could also be too high of priced listings.

Tags: Baton Rouge, Baton Rouge Real Estate, Real Estate Baton Rouge, 70808, Westdale Terrace, Baton Rouge FHA Appraisers, Baton Rouge Home Appraisers, Baton Rouge Real Estate Appraisers

Greater Baton Rouge Home Appraiser Offers Pre-Listing Appraisal Services
http://www.batonrougerealestateappraisal.com/ – Greater Baton Rouge Home Appraiser Offers Pre-Listing Appraisal Services
A smooth transaction is one when one has accurately represented the physical characteristics(in writing) of one’s home , whether it be listing the home with an agent or selling it yourself(FSBO). “The main step is to acquire the accurate living area during the whole process of obtaining the accurate representation of one’s property”, says William D. Cobb, CREA who is the owner of Accurate Valuations Home Appraisal Group in Baton Rouge, Louisiana. An agent will enlist a CMA or Comparative Market Analysis for determining a home’s listing price. Still, one should have with them, a precise calculation of the living area.
Also, to be on the safer side, it would be a wise decision to have a third-party measure the living area and value of the property before one signs the Listing Agreement. A residential appraiser is the best option in this case.
This has the following advantages:
When an appraisal report is done in a professional manner, it leaves a good impression on the potential buyer as it supports the price quoted as well.
An appraisal generally includes photographs, location map, accurate sketch, precise dimensions, outline of the neighborhood etc. Also, 3 to 4 comparable sales must be present adjusted to subject property.
Enlisting recommendations for repair or enhancements, if any. This listing appraisal can indicate a value for addition(s), items that require repairs, etc..
Accurate estimation of Living-Area size lends peace of mind, especially with values @ $100/sf +
In U.S, majority of real estate professionals base the price per square foot of a home on living area size. Living Area is measured from the exterior walls. All real estate professionals are to follow the ANSI Standards for Single-Family Residential Buildings (American National Standards Institute) when calculating area home sizes. In a seminar in Apex Appraiser Home Sketching Software and National ANSI Standards in Houston, TX, the ANSI instructor, who is also on the Appraiser Standards Board in South Carolina, stated that one of the most common lawsuits in Real Estate today is “misrepresentation of living area size”.
Consider: A 2,000sf home is for sale, priced at $240,000. Instead of measuring the home, the living area was obtained by County Records; estimating the typical home size in that development. The home is listed with a living area of 2,000sf. A purchase agreement for $240,000 is received and is accepted. The appraisal is ordered by the buyer’s lender. The sellers submit an offer on a $350,000 home in a neighboring development. The offer is accepted. However, the appraiser for the home turns in her appraisal showing 1,840sf and an appraised value of $220,800, much less than the purchase price. The sellers are asked to renegotiate the purchase price as the living area is 1,840sf, and not the 2,000sf. The sellers sue for misrepresentation of living area.
Thus, it’s crucial to have one’s home measured by the person listing your home. It is strongly recommended that when interviewing the person listing your home, one must confirm that they follow ANSI, that they will measure your home, and provide you a calculated sketch. Thus, a written verification of true living area is present.
Bill states that he recently performed a purchase appraisal in a South Baton Rouge Subdivision on a 2,026sf living area, for $260,000, listed FSBO. The home was marketed WITHOUT obtaining a professional opinion on the value of the home. The buyers end up with $9,000 in equity as the home appraised at $269k. So, as against a loss of $9,000 the seller should have paid $225 to get the listing appraisal done.
An appraisal helps homeowners make the best decisions like investment in homes and setting a competent sales price. Thus it is strongly recommended to have a Listing Appraisal before one lists their home.
Accurate Valuations Group
Office: 225.293.1500
Fax: 1-866-663-6065






