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Posts Tagged ‘Photo’
Amazing Beauregard Town Renovation: 975 Louisiana Avenue Before and After Photos
03/26/2011 | 
Author 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!
Posted in Baton Rouge Home, Baton Rouge Homes, Baton Rouge Houses, Baton Rouge Housing Market, Baton Rouge Real Estate | 
Tags: Baton Rouge, Beauregard Town, Central Business District, Darry, Foreclosure, Furniss, Gissel, Local Real Estate, Louisiana, Photo, Photos, Real Estate Agents, Renovation | 
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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 »
Why Did This Baton Rouge University Club Home Sell $19/sf Below Market? The Answer Is Design!
http://www.batonrougerealestateappraisal.com/ - Why Did This Baton Rouge University Club Home Sell $19/sf Below Market? The Answer Is In The Design!
Over the past 3 years, I’ve been driving the streets in University Club Plantation appraising homes and seeing the home in the photos below for sale. This home and older home design (non-Country French) was built in 2007 and originally listed in GBRMLS on 6/29/2007 for $730,000. It was listed in 3 separate listings over 1,113 days (over 3 years) and finally sold on 9/21/2010 for $625,000 or $143.35/sf, for $105,000 less than original listing price.
When comparing this home’s features to the other 6 U.C.P. 2010 home sales with an average $162.57/sf selling price, it was discovered that the home in the photos sold for $19.22/sf less….and took 1,113 days on the market to sell. However, this home probably wasn’t any cheaper to build in 2007 than those homes with more favorable designs.
Choosing the design of your new home is extremely important for a better return on your investment. The design of the home in the photo is more like what was being built in the early 1990′s. And, this isn’t the only U.C.P. of this style that has experienced market reluctance. This U.C.P. home below, with a similar design, was on the market for 330 days from 2009 to Summer of 2010 without selling.
The Baton Rouge high-end homes purchaser prefers the “Country French” style…….At Least For Now!
Data for this market lesson was used with permission of the GBRAR MLS, extracted on 9/28/2010, from dates 6/29/2007 to 9/21/2010.
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Real Estate Appraisal, Baton Rouge Real Estate Appraisers, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: 3 Years, Baton Rouge, Country French, Country Style, French Style, Gbrar, Gbrmls, Investment, Mls, Photo, Photos, Plantation Homes, Purchaser, Reluctance, Selling Homes | No Comments »
Walker Louisiana Home Appraiser Photos From The Field: Unfinished High End Homes A Sign Of The Times
http://www.denhamspringsappraisers.com/ – Walker Louisiana Home Appraiser Photos From The Field: Unfinished High End Homes A Sign Of The Times!
I was in Walker on Saturday performing home appraisals and noticed these unfinished spec homes. From the appearance of the properties, it appeared they had been vacant and unfinished for some time now. Was it that construction stopped when the builders discovered the market wasn’t paying enough to justify building higher end homes in the Walker market any longer? The reason for the question is the last photo below. This home has 2,285sf living area, 4 bedrooms, 3 bathrooms with slab granite counters in Kitchen and Bathrooms, custom millwork, a 90 x 185 lot and sold in August 2010 for $229,000 or only $100.22/sf….and MLS doesn’t state this home was an REO, Foreclosure or a Distressed Sale.
Posted in Greater Baton Rouge Economic News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: Appearance, Bathrooms, Bedrooms, Building Homes, Custom Millwork, Granite Counters, Home Appraisals, Home Appraiser, Mls, Photo, Photos, Reason, Reo Foreclosure, Slab Granite, walker Louisiana, Walker Market | No Comments »
Appraisers FHA Walker Louisiana Photos From The Field December 2009
http://www.denhamspringsappraisers.com/ – FHA Appraisers Walker Louisiana Photos From The Field December 2009.
Snow On 12/5/09, The Earliest Recorded Snow On Record In Louisiana
A Good Sign: New Construction Now Taking Place in The Walker Market Now By Vicknair Builders. The Builders Have Had To Lower Their Pricing To Much More Realistic Levels To Sell Homes In This Now Move To A More Affordable Market!
A Good Sign: New Construction Now Taking Place in The Walker Market Now By Vicknair Builders. The Builders Have Had To Lower Their Pricing To Much More Realistic Levels To Sell Homes In This Now Move To A More Affordable Market!
A Good Sign: New Construction Now Taking Place in The Walker Market Now By Vicknair Builders. The Builders Have Had To Lower Their Pricing To Much More Realistic Levels To Sell Homes In This Now Move To A More Affordable Market!
A Vacant and Unfinished Home Sits In Autumn Run Subdivision – An Object Lesson In Why One Shouldn’t Overbuild In A Subdivision Where The Average Home Is 1,500sf to 1,600sf. This Home In The Photo Is Estimated To Be 2,000sf to 2,200sf, Overbuilt By Approximately 35%.