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Posts Tagged ‘Housing Market’
Baton Rouge Home Appraisal Trends: Prairieville Housing Market Update
03/28/2011 | 
Author http://www.batonrougerealestateappraisal.com/ – Ascension Parish Prairieiville La Home Sales Trends: Manchac Crossing 2005-2010 Home Sales Report
Average Sales Price: $236,700
Median Sales Price: $233,500
Average Sold Price: $117.25/sf
Average List To Sale Price Ratio: 96%
Average Days On Market: 62
One 2011 Sale $205,000 or $124/sf. It appears Manchac Crossing Median Sales Prices are continuing to Decline from 2008 highs of $242,750. Median Prices since 2006 have been $218,000, $219,950, $242,750, $237,500, $233,250 and now $205,000 in 2011. So, there was the rise in prices after Hurricane Katrina, then the deflating of the market!
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2005 to March 25, 2011. This information was extracted on 03/25/2011. YES, permission was granted by GBRMLS to use Subdivision Price Trends Chart Report!
Posted in Ascension Parish Real Estate News, Trends Baton Rouge Real Estate | 
Tags: Association Of Realtors, Gbrmls, Greater Baton Rouge, Home Appraisal, Housing Market, Hurricane Katrina, January 1, March 25, Median Prices, Median Sales Price, Median Sales Prices, Price Ratio, Price Trends, Sales Trends | 
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CVR Baton Rouge REALTOR FAQ: How Does Cost Compare and Will It Help My Cash Buyer?
http://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?
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.
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 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.
Tags: Collateral Valuation Report, CVR, Replacing BPOs, Baton Rouge Real Estate, Baton Rouge Appraisers, Baton Rouge Appraisals
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers | Tags: Aerial Views, Baton Rouge Realtor, Cash Buyer, Complexity, Cvr, Dollar Fee, Greater Baton Rouge, Home Appraisal, Housing Market, Inspection Options, Interior Inspection, Local Real Estate, Peace Of Mind, Point Of View, Real Estate Agent, Reply, Sketch, Suburban Location, Suburban Markets, Video Press | No Comments »
Baton Rouge Real Estate Appraisal Video: Highland Road Housing Market Trends In 2011
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal Video: Highland Road Housing Market Trends In 2011.
Video Link is: http://www.youtube.com/watch?v=W_Y3eTRa_D8
In this video, local home appraiser of 20 years, Bill Cobb, points out trends observations from the Area 53 housing market, generally from Essen Lane over toward Country Club of Louisiana area.
This is a “sub-market” study of homes 2900sf to 3450sf, from 11-15 to 16-20 years old, from approx. $300,000 up to $450,000 range. This is not a broad study but a limited study of homes comparable to a 3250sf home built in 1994 in the Bluebonnet 70810 market. The observations here are not broad or general, but specifics to these parameters.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of June 1, 2008 to March 6, 2011. This information was extracted on 3/6/2011.
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Home Appraisers, Baton Rouge Housing Market | Tags: Association Of Realtors, Baton Rouge Real Estate News, Baton Rouge Real Estate News, Bill Cobb, Bluebonnet, Buil, Country Club Of Louisiana, D8, Essen, Greater Baton Rouge, Home Appraiser, Housing Market, Louisiana Area, Market Trends, Nbsp, Parameters, Real Estate Appraisal, Real Video, Specifics, Video Link | No Comments »
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 | 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 »
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
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
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!
Tags: Appraisers Baton Rouge, Appraisers in Baton Rouge, Baton Rouge Estate Minute, Baton Rouge Garden District, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors,
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Housing Market, Baton Rouge Real Estate Trends | Tags: Association Of Realtors, Baton Rouge Real Estate News, Baton Rouge Realtor, December 31, Distressed Sales, Gbrmls, Greater Baton Rouge, Home Appraisal, Home Appraisers, Housing Market, January 1, Mls, Price Trends, Real Estate Trends, Sf 86, Solds, Sq Ft, St George, Trends Report, Video Update | No Comments »
Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Report
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal Video: 2010 Monticello Subdivision Report
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
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!
Tags: Appraisers Baton Rouge, Appraisers in Baton Rouge, Baton Rouge Estate Minute, Baton Rouge Garden District, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors,
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Housing Market, Baton Rouge Real Estate Trends | Tags: Association Of Realtors, Baton Rouge Real Estate News, Baton Rouge Realtor, December 31, Distressed Sales, Gbrmls, Greater Baton Rouge, Home Appraisers, Housing Market, January 1, Mls, Monticello, Nbsp, Price Trends, Real Estate Appraisal, Real Estate Trends, Real Video, Solds, Sq Ft, Trends Report | No Comments »
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
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
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!
Tags: Appraisers Baton Rouge, Appraisers in Baton Rouge, Baton Rouge Estate Minute, Baton Rouge Garden District, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors,
Posted in Baton Rouge Houses, Baton Rouge Housing Market, Baton Rouge Pre-Listing Appraisals, Baton Rouge Real Estate, Baton Rouge Realtor, Baton Rouge Realtors | Tags: Association Of Realtors, Baton Rouge Real Estate News, Baton Rouge Realtor, December 31, Foreclosures, Gbrmls, Greater Baton Rouge, Home Appraisers, Housing Market, January 1, Market Metrics, Mls, Park Forest East, Price Trends, Real Estate Appraisal, Real Estate Trends, Reo, Sq Ft, Trends Report | No Comments »
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
Tags: Appraisers in Baton Rouge, 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 Minute, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors, Comite Hills, Central LA, 70818
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Divorce Appraisal, Baton Rouge Home Appraisers, Baton Rouge Housing Market, Baton Rouge Pre-Listing Appraisals, Baton Rouge Real Estate Trends | Tags: Appraisers, Baton Rouge Real Estate News, Baton Rouge Realtor, Housing Market, Real Estate Agents, Real Estate Trends, Realtors | No Comments »
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 is conveniently located near the center of Baton Rouge, near Bocage Area and generally within the Baton Rouge Garden District!
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
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!
Tags: Appraisers Baton Rouge, Appraisers in Baton Rouge, Baton Rouge Estate Minute, Baton Rouge Garden District, Baton Rouge Home Appraisers, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Trends, Baton Rouge Realtor, Baton Rouge Realtors, Country Club Estates, 70809
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Homes, Baton Rouge Houses, Baton Rouge Pre-Listing Appraisals, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate Appraisers, Trends Baton Rouge Real Estate | Tags: Association Of Realtors, Baton Rouge Real Estate News, Baton Rouge Realtor, December 31, Foreclosures, Gbrmls, Greater Baton Rouge, Home Appraisal, Home Appraisers, Housing Market, January 1, Median, Mls, Price Trends, Real Estate Appraisal, Real Estate Trends, Reo, Solds, Sq Ft, Trends Report | No Comments »