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Posts Tagged ‘Baton Rouge Realtor’

Baton Rouge Real Estate Trends

CVR Baton Rouge REALTOR FAQ: How Does Cost Compare and Will It Help My Cash Buyer?

greater-baton-rouge-comp-cruncher-reportshttp://www.gbrcvrreports.com/ – CVR Baton Rouge REALTOR® FAQ: How Does The CVR Valuation Cost Compare To URAR 1004 Report? Will the CVR Help My Cash Buyer That Wants An Appraisal Before Closing?

Greater Baton Rouge Collateral Valuation CVR Report Site

I received these two (2) questions today from a local real estate agent after she read my CVR Video Press Release. This was my reply below.

Good questions and thank you for asking. I attached a 12 page Sample CVR Report based upon the desktop Pictometry aerial views of home. I’ll let you look it over to determine if it fits your client’s needs. A full conventional URAR 1004 Home Appraisal could be from 23 to 50 pages of work, depending on the complexity of assignment.

CVR DESIGNED FOR 2 TYPES OF INSPECTIONS: OFF-SITE & ON-SITE!

There are two (2) inspection options with the CVR report from an inspection point of view:

1.) A desktop report from aerial views online, no visit to home and no real photos (but 4 aerial pictometry photos). THIS IS THE FASTEST DELIVERED REPORT. Cost $150 to $175.

greater-baton-rouge-cvr-reports-pictometry

2.) A visit to the home with real photos taken by me and placed into report. This cost around $200. I may even measure the home and provide a sketch for my own peace-of-mind. THIS REPORT TAKES LONGER TO DELIVER BECAUSE OF THE INTERIOR INSPECTION.

cvr-full-inspection

CVR IS STRICTLY AN OPTION FOR URBAN OR SUBURBAN LOCATION, NOT RURAL LOCATIONS! IS YOUR PROPERTY RIGHT FOR THE CVR?

The CVR report requires 30 to 50 good sales/comps. CVRs reports are used in highly populated Urban and Suburban markets. As long as this home in question is located in a restricted subdivision and housing market with ample comps, the CVR should be able to meet your needs.

25 TO 30 DOLLAR FEE PER REPORT.

I have to pay the data service $25 to $30 per report I complete for the extra data these reports require. Standard data is $25 plus $5 for the Veros data for forecasting, IF Veros covers the Greater Baton Rouge adequately enough. I have performed many of these reports in class based on Greater Baton Rouge MLS data for training in Texas but have not completed one locally in town yet. I do have my first order scheduled this week.

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Baton Rouge Real Estate Trends

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

BuildingPermit

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.

The-Settlement-At-Willow Grove

 

NOTE: Top Image Source: www.remodeling-sanantonio.com

 

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Baton Rouge Real Estate Trends

Baton Rouge Home Appraisal Video: 2010 Village St. George Subdivision Update

http://www.batonrougehomeappraisal.com/ – Baton Rouge Home Appraisal Video: 2010 Village St. George Subdivision Update

baton-rouge-real-estate-minute

100 1642

13565 Honey Drive Baton Rouge LA 70810

Solds In Village St George Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $125,857 ($126,909 in 2009)
Average Sold Price Per Sq. Ft.: $89.61/sf ($86.39/sf in 2009)
Median Sold Price: $129,000 ($123,000 in 2009)
Number of Sales: 21 (11 in 2009)
Average Number of Days On Market: 94 (67 in 2009)
Low To High: $79,000 to $160,000
Number of Distressed Sales Noted In MLS: “3″
Current # Listings: 11, 3 Are Distressed Listings
Current Listings Price: $89,900 to $149,900 or $61/sf to $120/sf

mls

smarttttttt

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2007 to December 31, 2010. This information was extracted on 1/31/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Report

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Report

baton-rouge-real-estate-minute

Monticello Subdivision Entrance Sign Baton Rouge LA 70814

4520 SCARBOROUGH DR Baton Rouge LA 70814

Solds In Monticello Subdivision from 1/2010 to 12/31/2010 Home Ages 16-20 +revealed:

Average Sales Price: $133,350 ($154,573 in 2009)
Average Sold Price Per Sq. Ft.: $75.09/sf ($90.92/sf in 2009)
Median Sold Price: $145,000 ($150,500 in 2009)
Number of Sales: 12 (12 in 2009)
Average Number of Days On Market: 79 (130 in 2009)
Low To High: $82,000 to $168,500
Number of Distressed Sales Noted In MLS: “4″
Current # Listings: 12, 6 Are Distressed Listings
Current Listings Price: $64,900 to $185,000 or $50/sf to $96/sf

monticello-baton-rouge

 

mt2

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2007 to December 31, 2010. This information was extracted on 1/301/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Appraisal: 2010 Park Forest E Subdivision Market Metrics

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal: 2010 Park Forest E Subdivision Metrics

baton-rouge-real-estate-minute

11138 Flamingo Drive Baton Rouge LA 70814

 

Solds In Park Forest East Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $109,878 ($133,242 in 2009)
Average Sold Price Per Sq. Ft.: $72.47/sf ($83.45/sf in 2009)
Median Sold Price: $135,000 ($135,000 in 2009)
Number of Sales: 11 (12 in 2009)
Average Number of Days On Market: 95 (130 in 2009)
Low To High: $39,900 to $145,000 (Yes, A Home Sold For $39,900)
Number of Sold REO/Foreclosures Noted In MLS: “5″
Current # Listings: 8, 3 Are Distressed Listings
Current Listings Price: $89,900 to $147,400 or $59/sf to $98/sf

mls

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 1/31/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Minute: Comite Hills West Subdivision 2010 Housing Update

http://www.batonrougerealestateminute.com/ - Baton Rouge Real Estate Minute Comite Hills West Subdivision 2010 Housing Update

Comite-Hills-West-Baton-Rouge

 

 


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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Appraisal: Country Club Estates Home Sales Summary

http://www.homeappraisalsbatonrouge.com/ – Baton Rouge Home Appraisal Blog: 2010 Country Club Estates Home Sales Report

Country-Club-Estates-Baton-Rouge-Map

 

Country Club Estates is conveniently located near the center of Baton Rouge, near Bocage Area and generally within the Baton Rouge Garden District!

2640 Brentwood Drive Baton Rouge LA 70809

8611 Marcel Avenue Baton Rouge LA 70809

Solds In Country Club Estates Subdivision from 1/2010 to 12/31/2010 revealed:

Average Sales Price: $155,650 ($154,000 in 2009)
Average Sold Price Per Sq. Ft.: $120.28/sf ($115.78/sf in 2009)
Median Sold Price: $158,500 ($155,000 in 2009)
Number of Sales: 5 (3 in 2009)
Average Number of Days On Market: 80 (48 in 2009)
Low To High: $131,900 to $177,000
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 3, 0 Are Foreclosures
Current Listings Price: $134,900 to $299,000 or $118/sf to $132/sf

Country-Club-Estates-Baton-Rouge-Home-Prices

8460 Cullen Avenue Baton Rouge LA 70809

8585 Barnett Drive Baton Rouge LA 70809 (1)

2830 Brentwood Drive Baton Rouge LA 70809

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 1/14/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Trends: 2010 East Baton Rouge Residential Building Permits Down 10% From 2009

http://www.batonrougerealestatetrends.net/ – Baton Rouge Real Estate Trends Dot Net: December 2010 East Baton Rouge Residential Building Permit Numbers

BuildingPermit

RESIDENTIAL PERMITS DECLINE In 2010! As a whole, residential building permits are 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.

The-Settlement-At-Willow Grove

 

NOTE: Top Image Source: www.remodeling-sanantonio.com

 

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Baton Rouge Real Estate Trends

Baton Rouge Pre-Listing Home Appraisals: Westdale Area Home Sales 2010 Update

http://www.batonrougehomeappraisal.com/ – Baton Rouge Home Appraisal: Westdale Area Home Sales 2010 Update

westdale-baton-rouge-real-estate

Solds In Westdale from 1/2010 to 9/28/2010 revealed:
Average Sales Price: $204,983
Average Sold Price Per Sq. Ft.: $128/sf
Median Sold Price: $194,450
Number of Sales: 6 (18 Total in 2009)
Average Number of Days On Market: 80
Low To High: $138,500 to $282,500
Number of Sold REO/Foreclosures Noted In MLS: 1
Current # Listings: 10, 2 Are Foreclosures
Current Listings Prices: $149,900 To $510,000

NOTE: When I refer to Westdale below, this includes Westdale, Westdale Heights, Westdale Woods and Westdale Terrace. From 1/1/2005 to 9/28/2010, there were 89 total sales from $121,600 to $685,000. The peak of the median sales price took place in September 2007 at $235,000. NOTE: The median sales price has increased by +4.89% since 9/2009.

westdale-baton-rouge-housing-chart

greater-baton-rouge-association-of-realtors

This data was used with the permission of GBRAR, extracted on 9/28/2010 from 1/1/2005 through 9/28/2010.

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Baton Rouge Real Estate Trends

Baton Rouge Real Estate Appraisal: Plantation Trace 2010 Housing Report

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

plantation-trace-subdivision-baton-rouge-home-appraisers

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.

plantation-trace-subdivision-baton-rouge

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.

greater-baton-rouge-association-of-realtors

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Baton Rouge Real Estate Trends
Baton Rouge Real Estate Trends