Accurate Valuations Group
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Greater Baton Rouge Real Estate News
Baton Rouge Home Appraisal Blog: Juban Crossing Update With Video
02/18/2011 | 
Author http://www.batonrougerealestateappraisal.com/ – Baton Rouge Home Appraisal Blog: Juban Crossing Update With Video. WBRZ News report on how Juban Crossing is improving the image of Livingston Parish.
WBRZ News has an interesting article regarding Juban Crossing at the link below and a partial image of that article is below!
http://www.wbrz.com/news/juban-crossing-helps-livingston-parish-move-on-up/
West Baton Rouge Home Appraisers VIDEO: Missouri Acres Addis Report For 2009-2010
http://www.westbatonrougeappraiser.com/ – West Baton Rouge Home Appraisers VIDEO: Missouri Acres Subdivision in Addis Louisiana Report For 2009-2010
In Missouri Acres in 2009-2010, the median sales price for the 5 GBRMLS sales was $238,000 with an average sold price of $119.64/sf. The low to high sales prices were $219,000 to $258,000. However, this market is very slow and the days on the market it takes to sell a home has been increasing over the past two (2) years above the $225,000 price ranges.
West Baton Rouge Real Estate Appraisers is an information source provided by local West Baton Rouge Parish Home Appraiser, Bill Cobb, and Accurate Valuations Group West. Bill has 20 years experience as a residential appraiser and updates his local network of sites weekly with reports, videos and audio reviews of local housing market conditions! Some of the videos on this site are housing market updates provided by Bill himself and others are videos of local homes for sale by area Agents.
http://www.batonrougerealestatebuzz.com/ is also a helpful resource for local West Baton Rouge Real Estate Buzz!
While Baton Rouge Real Estate Trends Dot Net reports on the broad or macro Greater Baton Rouge Housing Markets, Baton Rouge Market Metrics Dot Com reports on the individual subdivisions within the four (4) local Parishes that make up the Greater Baton Rouge Housing Market.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 02/13/2011.
Posted in Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, West Baton Rouge Real Estate | 
Tags: Accurate Valuations, Addis Louisiana, Association Of Realtors, Baton Rouge Parish, Baton Rouge Real Estate News, Bill Cobb, Greater Baton Rouge, Group West, Home Appraiser, Home Appraisers, Housing Market, Local Network, Market Metrics, Market Updates, Median Sales Price, Real Estate Appraisers, Real Estate Trends, Residential Appraiser, West Baton Rouge, West Baton Rouge Parish | 
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Zachary Louisiana Home Appraisers: Early Learning Center Photos Posted
http://www.zacharylouisianarealestate.info/ – Zachary Louisiana Home Appraisers: Early Learning Center Photos Posted
The Early Learning Center, located on the Rollins Road extension, is the school for the district’s pre-kindergarten students.
Baker La Real Estate Appraisers: City of Baker La Photos of New Fire Department
http://www.batonrougerealestateappraisal.com/ – Baker La Real Estate Appraisers: City of Baker La Photos of New Fire Department
Accurate Valuations Group Home Appraiser, Bill Cobb, took these photos last Fall of the new Baker Fire Department, Office of Emergency Preparedness & Homeland Security Buildings. Buildings dedicated to Avon R. Honey, La State Representative District 63 from 2002-2010 for his dedication and commitment to the Baker Fire Department and City of Baker. The official website for the Baker Fire Department is here! The Advocate Newspaper also has an article about Baker’s new $300,000 fire truck here from June 2010.
From their website, the “Mission Statement” of the Baker Fire Department is: “All members of this department guarantee to the residents and visitors of the City of Baker that we will provide dependable and professional service in a responsive fashion while showing care and compassion for those in need. We will do our best to rapidly and professionally mitigate all fire, rescue, medical care and hazardous material incidents and to protect lives, property and the environment through meticulous training, disaster preparedness, fire prevention and community education programs.”
Posted in Greater Baton Rouge Real Estate News | Tags: Accurate Valuations, Avon Representative, Baker Fire Department, Bill Cobb, Community Education Programs, Disaster Preparedness, Fire Department Office, Fire Prevention, Fire Rescue, Fire Truck, Group Home, Hazardous Material Incidents, Home Appraiser, Nbsp, New Fire, Office Of Emergency Preparedness, Professional Service, Real Estate Appraisers, Responsive Fashion, State Representative District | No Comments »
Baton Rouge New Housing Trends: January 2011 East Baton Rouge Residential Building Permits Down
http://www.batonrougerealestatetrends.net/ – Baton Rouge New Housing Trends: January 2011 East Baton Rouge Residential Building Permit Numbers Released
RESIDENTIAL PERMITS DECLINE Were Down In 2010! As a whole, residential building permits were down from 2,184 in 2009 versus 1,964 in 2010, a decline of 220 permits or -10% (includes all residential permit types). December 2010 versus December 2009 saw an increase from 177 in 12/2009 to 201 in 12/2010.
DECEMBER 2010 RESIDENTIAL SFR PERMITS TOTAL “53″! For Residential Permits only for “Single Family Residences”, December 2010 saw 53 permits issued versus 44 for November 2010.
ANY IMPROVEMENT IN JANUARY 2011? NO! According to EBRP Department of Public Works Permit Office, “Building permits are down from 1,763 in December 2010 to 1,673 in January 2011.” For Residential ONLY, there were 30 permits issued for Single Family Residences and 62 for Additions-Remodeling for a total of 92 permits. This is a -36% decrease compared to the 143 permits issued in January 2010. And, this is -48% decrease compared to the 177 permits issued in December 2010. However, December 2010 did see an odd “88″ permits for “Duplexes”, which was more than any recorded in recent history.
NOTE: Top Image Source: www.remodeling-sanantonio.com
Tags: Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors, East Baton Rouge Residential Building Permits
Posted in Baton Rouge Economic News, Baton Rouge Housing Market, Baton Rouge Realtor, Baton Rouge Realtors, Residential Building Permits | Tags: Additions, Baton Rouge Real Estate News, Baton Rouge Realtor, Building Permit, Building Permits, Decline, Duplexes, East Baton Rouge, Family Residences, Housing Market, Nbsp, Odd, Real Estate Trends, Realtors, Recent History, Residential Building, Sanantonio, Sfr, Single Family, Top Image | No Comments »
Greater Baton Rouge Housing Trends For January 2011 Residential Sales Update
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 DRAW FROM JANUARY 2011 NUMBERS? So, with 2010 being a down year for the number of home sales, how did January 2011 perform to give us an indication of what 2011 might result in?
On Facebook in 2011, there’s been a lot of positive comments from local Agents about the uptick in Agent showings and buyer interest. Is that translating into actual increase in the number of home sales?
Number Of Home Sales Down 9%. January home sales were down 9% from 2010 with 328 total sales recorded for the first month of the year versus 360 for January 2010.
No Improvement In Number Of Sales By Parish. There was no improvement in the number of home sales for ALL four local Parishes. Ascension had 73 sales in 2010 versus 72 in 2011, down 1%. East Baton Rouge had 206 sales in 2010 versus only 183 in 2011, down 11%. Livingston had 74 sales in 2010 versus 66 in 2011, down 11%. And, West Baton Rouge had 7 sales in 2010 versus 7 in 2011, unchanged.
Average Sales Price Unchanged. Average home sales prices were up 0.61% from 2010 $188,529 to $189,688 for 2011.
Median Sales Price Up 2.5%. Median home sales prices were up 2.5% from 2010 $164,850 to $168,950 for 2011.
Average Sales Price Per Sq. Ft. Down 2.3%. Average home sales prices per square foot was down 2.3% from $99.70/sf in 2010 versus $97.40 in 2011.
Days On Market Increased. Marketing time periods also increased in 2011 to an average of 103 days versus 92 days in 2010
Number of Existing Home Sales Down, Prices Up Just Slightly. Existing home sales made up 79% or 259 of the total sales recorded with an average sales price of $189,356, median sale price of $159,900. In 2010, Existing home sales made up 76% or 274 of the total sales recorded with an average sales price of $185,144 and median sale price of $159,450. So, the 2011 average sales price is up 2.3% while the median sales price was virtually unchanged.
Number of New Home Sales Down, Prices Up. New home sales made up 21% of the total sales recorded. There were 69 new homes sold in 2011 with an average sales price of $202,197 and median sales price of $179,900 versus 86 in 2010 with and average sales price of $199,313 and median sales price of $176,598.
Number of Foreclosure Sales Up 15%, Prices Down! Bank sales were up 15% from the prior year and average bank sales prices were up 21%. Average REO Sales Prices in 2010 were $113,265 versus only $106,247 in 2011. There were 60 “REO” sales in 2011 versus 52 in 2010.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to January 1, 2011. This information was extracted on 02/11/2011. Source For Quarterly Indicators chart is LREC.
Search Parameters were Ascension, Livingston, East Baton Rouge and West Baton Rouge Parishes, All property types except Manufactured Housing and All ages.
Tags: Ascension Parish Real Estate, Baton Rouge FHA Appraisers, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Agents, Baton Rouge Real Estate Housing, Baton Rouge Real Estate Trends, Livingston Parish Real Estate, West Baton Rouge Parish
Posted in Greater Baton Rouge Real Estate News, Trends Baton Rouge Real Estate | Tags: 40 Days, 9 January, Average Sales, Buyer Interest, East Baton Rouge, Facebook, Greater Baton Rouge, Marketing, Median Sales Price, Month Of The Year, Number 9, Residential Sales, Rose, Sales Volume, Showings, Sq Ft, Square Foot, Time Periods, Uptick, West Baton Rouge | No Comments »
Baton Rouge Real Estate Trends Q4 2010: La Foreclosures Low Compared To Most States
http://www.batonrougerealestatetrends.net/ – Greater Baton Rouge Real Estate Trends: La Foreclosures Low Compared To Most States.
The LREC or Louisiana REALTORS (source) is reporting on the state of Louisiana foreclosures as of fourth quarter 2010. There report is below.
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Economic News, Foreclosure Trends, Short Sales Study | Tags: Baton Rouge Real Estate News, Foreclosures, Fourth Quarter, Greater Baton Rouge, Louisiana Realtors, Lrec, Nbsp, Real Estate Trends, State Of Louisiana | No Comments »
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
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Home, Baton Rouge Home Appraisers, Baton Rouge Housing Market, Greater Baton Rouge Real Estate News, Trends Baton Rouge Real Estate | Tags: Baton Rouge Real Estate News, Bill Cobb, Builder Developer, Convenient Computer, Floorplans, Granite Counters, Hoa Dues, Home Appraisal, Mls Photos, New Townhomes, Privacy Fence, Private Courtyard Entrance, Rambling Oaks, Real Estate Agent, Real Estate Agents, Real Estate Appraisers, Real Estate Trends, Slab Granite, Stainless Steel Appliances, Story Townhomes | No Comments »
Prairieville Real Estate Appraisers: Fountain Hill Subdivision 2010 Price Trends
http://www.ascensionrealestateappraisers.com/ – Prairieville Real Estate Appraisers: Fountain Hill Subdivision 2010 Price Trends.
Overall there really isn’t much to report on in 2010. Per GBRAR MLS, there was only 1 2010 sale (and only 1 MLS sale in 2009) in Fountain Hill Subdivision for $383,000 on 8/31/2010 for 3,625sf. This home sold for $105.66/sf as a foreclosure. The photo of this home is directly below. The bank took this home back for a mortgage balance of $344,000 and still sold it for a substantial profit in this market. This appraiser has performed two (2) foreclosure appraisals in Fountain Hill Subdivision in 2010.
My search of 2010 Legal News for Fountain Hill Subdivision also revealed another foreclosure for $246,666 in March 2010. Also per Legal News, there was a lot sale for $79,000 for Lot 60 in 12/2010.
The trend is looking up for 2011 for Fountain Hill Subdivision with one (1) 2011 sale for $450,000 for only 3,184sf or $141.33/sf. Given the past 2.5 years of lackluster and foreclosure activity within Fountain Hill, this was a very, very high sales price for Fountain Hill specificially and shows strength within the Prairieville market. It’s also note here that this was a “Cash Sale” where an appraisal may or may not have been procured to know the true value. This home was on the market for a total of 668 days in two (2) seperate MLS listings. In any event, this is a positive for Fountain Hill, for Northern Ascension Parish and for the Prairieville market in general.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 1/11/2011. Yes, this appraiser has obtained permission from GBRAR MLS to use the above pricing chart!
Tags: Ascension Parish Appraisers, Ascension Parish Home Appraisers, Ascension Parish Real Estate, Ascension Parish Real Estate Appraisers, Prairieville LA, Fountain Hill, 70769
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Real Estate, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Appraisals, Ascension Parish, Association Of Realtors, December 31, Foreclosure, Fountain Hill, Greater Baton Rouge, Home Appraisers, January 1, Lackluster, Legal News, Mls Listings, Mortgage Balance, Nbsp, Photo, Price Trends, Real Estate Appraisers, Substantial Profit, Trend, True Value | No Comments »
Home Appraisers In Prairieville La 70769: Manchac Place Subdivision Home Price Trends in 2010
http://www.ascensionrealestateappraisers.com/ – Home Appraisers In Prairieville La 70769: Manchac Place Subdivision Home Price Trends in 2010
Solds In Manchac Place from 1/1/2010 to 12/31/2010 revealed:
Average Sales Price: $292,618 ($290,000 in 2009)
Average Sold Price Per Sq. Ft.: $99.34/sf ($91.14/sf in 2009)
Median Sold Price: $293,900 ($290,000 in 2009)
Number of Sales: 11 (13 in 2009)
Average Days On Market: 125 (147 Days in 2009)
Low To High: $247,000 to $356,900
Number of Sold REO/Foreclosures Noted In MLS: 2 For $263K and $275K
Current # Listings: 7, 1 Foreclosure, 1 Short Sale
Current Listings Prices: $204,900 To $325,000, $85/sf to $122/sf
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 31, 2010. This information was extracted on 1/11/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Tags: Ascension Parish Appraisers, Ascension Parish Real Estate, Baton Rouge Real Estate, Ascension Parish Real Estate Appraisers, Ascension Parish Home Appraisers, Prairieville La Home Appraisers, Prairieville La Real Estate Appraisers, Manchac Place
Posted in Baton Rouge Housing Market, Baton Rouge Real Estate, Greater Baton Rouge Divorce Appraisals, Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours, Trends Baton Rouge Real Estate | Tags: 13 Days, Association Of Realtors, Baton Rouge Real Estate News, December 31, Foreclosure, Foreclosures, Gbrmls, Greater Baton Rouge, Home Appraisers, Home Price Trends, January 1, Manchac, Median, Mls, Nbsp, Prairieville La Real Estate, Real Estate Appraisers, Reo, Solds, Sq Ft | No Comments »