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Fax: 1-866-663-6065
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East Baton Rouge Parish
Zachary LA Home Appraiser Housing Update: 2008-2011 Pointe South
05/17/2011 | 
Author http://www.zacharylouisianarealestate.info/ – Zachary LA Market Metrics: 2008-2011 Pointe South Homes Sales Report. I recently completed an appraisal an an 1,800sf 5 year sold home in Pointe South Subdivision and made these discoveries. The Pointe South market itself is generally performing better than competing home sales in Zachary as a whole.
For Example, the GBRMLS Chart for Pointe South itself below shows a continuing upward direction for Median Sales Prices. This MLS chart for Pointe South shows the 4 solds in 2011 have increased the Median Sales Price to $259,450, a substantial increase over 2007, 2008, 2009 and 2010 when the Median Sales Prices were $234,000, $230,000 and $248,000. However, the second MLS chart below shows All competing solds since 6/2008 and a correction downward since 5/2010. Because Pointe South itself is performing well, no declining markets adjustments were applied.
The Chart below shows a correction since May 2010 for competing homes in general.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2008 to May 16, 2011. This information was extracted on 5/16/2011. YES, permission was granted by GBRMLS to use Subdivision Price Trends Chart Report!
AUTHOR’S BIO:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/
Posted in Baton Rouge Housing Market, Baton Rouge Pre-Listing Appraisals, Baton Rouge Realtor, Baton Rouge Realtors, East Baton Rouge Parish, Zachary LA Real Estate 70791 | 
Tags: Accurate Valuations, Appraisal Group, Appraisal Office, Ascension Parish, Association Of Realtors, Bill Cobb, Gbrmls, Home Appraiser, Livingston Parish, Market Metrics, Median Sales Price, Median Sales Prices, Price Trends, Real Estate Investors, Report Author, Solds, Substantial Increase, Upward Direction, Wealth Of Knowledge, West Baton Rouge Parish | 
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Congratulations To Central Greenwell Springs Housing Market, Top Performer in 2011
http://www.facebook.com/brrebuzz – Congratulations To Central Greenwell Springs Housing Market, Top Performer in 2011! This is based on a comparison between Q1 2010 versus Q1 2011.
Biggest Gainer In East Baton Rouge 70739. Zip Code 70739, the Central or Greenwell Springs market, showed a +16.2% increase in Average Sales Prices AND +6.2% in Average Sales Price Per Sq. Ft.. Central is a “hot” market viewed by locals as having a favorable school district. 70739 also showed a +9.4% increase in the number of home sales.
Zip Code 70818, another Central Market, showed less stellar results with +13.3% in the number of home sales, +1.4% increase in average sales price and +2.1% increase in average sold price per sq. ft.
Author Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/
Posted in Baton Rouge Economic News, East Baton Rouge Parish | Tags: Accurate Valuations, Appraisal Group, Appraisal Office, Ascension Parish, Author Bio, Baton Rouge Parish, Bill Cobb, Gainer, Greenwell Springs, Home Appraisal, Home Appraiser, Hot Market, Housing Market, Livingston Parish, Property Values, Real Estate Investors, Stellar Results, Top Performer, Wealth Of Knowledge, West Baton Rouge Parish | No Comments »
Zachary La Real Estate: Success of Windsor Place Creates Demand For Second Filing
http://www.zacharylouisianarealestate.info/ – Zachary La Real Estate Minute: Windsor Place Subdivision 2010-2011 Report. With a marketing time period or average days on the market of only 31 in 2010 and 39 in 2011, clearly the market wants more of this housing! Since 6/1/2010 in Zachary and excluding Windsor Place home sales, the average days on market has been 140 days for other builders!
Metra Area Home Builder, DSLD Homes, has found a sweet spot in the Zachary market! In approximately one year, DSLD has filled up the first filing with new homes…new homes the market likes and wants at affordable pricing! This is the same company, or partners, that purchased approximately $10,000,000 in lots in Ascension Parish in the past two years! DSLD is meeting a need in the Greater Baton Rouge housing market by building larger homes locals can afford!
Here’s My Video Posted On March 28, 2010, 1 Year To The Day!
Here’s My Video Posted On 3/27/2011 of Windsor Place
Average Sales Price: $189,548
Median Sales Price: $187,000
Average Sold Price: $97.22/sf
Average Days On Market: 31
Average Sales Price: $194,120
Median Sales Price: $190,300
Average Sold Price: $94.13/sf
Average Days On Market: 39
Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).
Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/
Posted in East Baton Rouge Parish, Zachary LA Real Estate 70791 | Tags: Association Of Realtors, Bill Cobb, Dsld, Estate Success, Gbrmls, Greater Baton Rouge, Home Builder, Housing Market, January 1, Locals, March 25, Marshall, Median Sales Price, New Homes, New Windsor, Price Trends, Sweet Spot, Time Period, Windsor Place, Zachary La | No Comments »
Appraisers In Zachary Louisiana 70791: Lake Pointe Subdivision 2010 Update
http://www.zacharylouisianarealestate.info/ – Appraisers In Zachary Louisiana 70791: Lake Pointe Subdivision 2010 Update. There’s ups and downs to report for this higher end market!
Entrance Image Source: http://lakepointezachary.com/
Solds In Lake Pointe from 1/2010 to 12/03/2010 revealed:
Average Sales Price: $271,400 ($257,700 in 2009 =’s +$5.3%)
Average Sold Price Sq. Ft.: $121/sf ($117.44/sf in 2009 =’s +3%)
Median Sold Price: $252,000 ($265,000 in 2009 =’s -4.9% Decline)
Number of Sales: 5 (5 in 2009)
Average Number of Days On Market: 158 (129 in 2009)
Low To High: $236,000 to $360,000 ($204,000 to $330,000 in 2009)
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 1, 0 Are Foreclosures
Current Listings Prices: $279,900
WHY WE RELY ON MEDIAN SALES PRICE VERSUS AVERAGE SALES PRICE?
Median Sales Price is the barometer by which the National Association of Realtors utilizes to report on national housing markets. Average Sales Price tends to take all of the home sales prices from the lowest, say $50,000, to the highest, say $1,000,000, and state the average of them all, sometimes skewing the numbers because of the extreme highs and lows. Median Sales Price tends to focus more on the middle of where the bulk of home sales prices are taking place. Generally, the Average Sales Price is going to be higher because it includes the extreme high sales prices in a given market. Fannie Mae understands the problem with using Average Sales Price and now demands home appraisers perform the 1004MC or Market Conditions form based on narrower “sub-market” parameters for comp search. This means that on a 2,000sf home, appraisers would be searching for comps with say 200sf below and above 2,000sf, say 1,800sf up to 2,200sf with similar ages and other similar characteristics.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 3, 2010. This information was extracted on 12/03/2010.
Tags: Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, East Baton Rouge, Greater Baton Rouge, Zachary La, Zachary Louisiana, Lake Pointe, 70791
Posted in Baton Rouge Pre-Listing Appraisals, Baton Rouge Real Estate, East Baton Rouge County Housing Market Studies, East Baton Rouge Parish, Zachary LA Real Estate 70791 | Tags: Association Of Realtors, Barometer, Comps, Extreme Highs, Fannie Mae, Foreclosures, Greater Baton Rouge, Highs And Lows, Home Appraisers, Market Entrance, Market Parameters, Median Sales Price, National Association Of Realtors, National Housing, Reo, Solds, Sq Ft, Ups, Ups And Downs, Zachary Louisiana | No Comments »
Greater Baton Rouge Real Estate Pre-Foreclosure Driveby Inspection Process
http://www.accuratevg.com/ – Greater Baton Rouge Real Estate Pre-Foreclosure Driveby Inspection Process
In this video, Greater Baton Rouge Home Appraiser, Bill Cobb, performs a pre-foreclosure driveby inspection somewhere in Baton Rouge.
Tags: Baton Rouge Real Estate, Baton Rouge Homes, Baton Rouge Home, Baton Rouge Housing, Baton Rouge Foreclosure, Baton Rouge Pre-Foreclosure, Baton Rouge Pre Foreclosure
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Home Appraisers, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate Appraisers, East Baton Rouge County Housing Market Studies, East Baton Rouge Parish, Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Baton Rouge Real Estate News, Bill Cobb, Estate Homes, Foreclosure Process, Greater Baton Rouge, Home Appraiser, Nbsp, Pre Foreclosure | No Comments »
Baton Rouge Real Estate Buzz: Multiple Renovations and New Homes In University Gardens 70808
http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Buzz: Multiple Renovations and New Homes In University Gardens 70808
I was appraising a home in University Gardens on Saturday and noticed a substantial amount of renovations projects taking place along with these two new homes under construction on corner lots back-to-back below. It appears the trend in this market is to stay put and renovate or add-on and renovate and/or demolish and build new.
Tags: baton rouge, baton rouge real estate, baton rouge real estate agents, baton rouge real estate appraisers, baton rouge real estate trends, baton rouge realtors, baton rouge garden district, lsu, baton rouge cbd
Posted in Agents In Baton Rouge, Baton Rouge Appraisers, Baton Rouge Economic News, Baton Rouge Home, Baton Rouge Homes, Baton Rouge Houses, Baton Rouge Realtors, East Baton Rouge Parish, Estate Appraisers Baton Rouge, Estate Appraisers Greater Baton Rouge, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, Real Estate Baton Rouge | No Comments »
Baton Rouge Real Estate Appraisal: Central’s Village Lakes March 2010 Housing Market Report and Video Tour
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal: Central’s Village Lakes March 2010 Housing Market Report and Video Tour
Tags: Baton Rouge Estate Appraisers, baton rouge homes, baton rouge housing, baton rouge real estate, baton rouge real estate agents, baton rouge real estate appraisers
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Economic News, Baton Rouge FHA Appraisers, Baton Rouge Home, Baton Rouge Homes, Baton Rouge Houses, East Baton Rouge County Housing Market Studies, East Baton Rouge Parish, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Baton Rouge Real Estate News, Estate Homes, Housing Market, Nbsp, Real Estate Agents, Real Estate Appraisal, Real Estate Appraisers | No Comments »
Baton Rouge Real Estate: Zachary LA Audubon Lakes Housing Market 2010 March Report
http://www.batonrougerealestateappraisal.com/ – Zachary LA Real Estate: Audubon Lakes Housing Market 2010 March Report. In this video, Baton Rouge Real Estate Buzz Reporter, Bill Cobb, discusses the Zachary 70791 housing market.
Posted in Baton Rouge FHA Appraisers, East Baton Rouge County Housing Market Studies, East Baton Rouge Parish, Estate Appraisers Baton Rouge, FHA Appraisers Baton Rouge, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Audubon, Baton Rouge Real Estate News, Bill Cobb, Buzz, Housing Market | No Comments »
Baton Rouge Real Estate Appraisal: Villa Del Rey March 2010 Report
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal: Villa Del Rey 70815 March Report. In this video, Baton Rouge Home Appraiser, Bill Cobb, discusses the number for Villa Del Rey Subdivision since January 2009.
In 2009 For Villa Del Rey, There Were 37 Sales With A Median Sales Price was $145,000, Average Sold Price $68.39/sf, Average Days On Market 124 days. In 2010 For Villa Del Rey, There Have Been 4 Sales With A Median Sales Price was $135,000, Average Sold Price $65.01/sf, Average Days On Market 189 days.
Tags: Baton Rouge Estate Appraisers, baton rouge real estate, baton rouge real estate agents, baton rouge real estate appraisers, baton rouge real estate trends, baton rouge realtors, real estate baton rouge, villa del rey, 70815, baton rouge homes, baton rouge housing
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Home Appraisers, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate Appraisers, East Baton Rouge County Housing Market Studies, East Baton Rouge Parish, FHA Appraisers Baton Rouge, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | No Comments »
Video Blog: Real Estate Baton Rouge Housing Report
http://www.batonrougerealestateappraisal.com/ – Video: Real Estate Baton Rouge Housing Report. In this video, Baton Rouge Home Appraiser, Bill Cobb, speaks about the Maison Deville Townhomes 2009 and 2010 housing market.
Tags: baton rouge real estate, baton rouge real estate agents, baton rouge real estate appraisers, baton rouge real estate trends, baton rouge realtors, East Baton Rouge, Estate Appraisers Baton Rouge, FHA Appraisers Baton Rouge, greater baton rouge real estate