Accurate Valuations Group
Office: 225.293.1500
Fax: 1-866-663-6065
AVG Staff Email
AVG Website
AVG YouTube Channel
AVG On Facebook
AVG On Twitter
Posts Tagged ‘Real Estate Appraisers’
Baton Rouge Real Estate Appraisal: MLS Area 43 Report For August 2011
08/29/2011 | 
Author http://batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisal: MLS Area 43 Report For August 2011. There’s a bright spot in Baton Rouge Housing in 2011 – The Lakes At White Oak Subdivision. In the slower sales market of 2011, there’s already been 18 sales year-to-date versus only 16 total for 2010. The chart below shows the median sales price is up 7.8% from August 2010 to August 2011 and up 5.1% since after Hurricane Katrina (or as of 1/1/2006).
There’s so much confidence in this neighborhood that a buyer, in the midst of a national recession, paid $791,500 or $154/sf for 6353 Double Tree Drive, see photo below. 6016 North Shore Drive sold for $464,000 in 1/2011 for $157/sf. A home on North Shore Ct is under contract for an unknown price and listed for $529,500 or $159/sf. Of course, these are homes on the lake and are the exception and not the typical sales price. For 2011, the median sales price for the year is $337,319 or $113/sf.
If there’s any negative report, it’s the 12% REO or sold foreclosure rate or 17 out of 140 total sales.
This home at 5741 Lake Shadow Drive sold for $355,000 or $129/sf in 6/2011
Entrance Sign
6353 Double Tree Drive (Private Entrance)
From 01/01/2006 to 08/28/2011, GBRMLS is showing 17 REO or Foreclosure sales in The Lakes At White Oak Subdivision out of 140 total sales or about 12%, which is fairly high for East Baton Rouge Parish.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2006 to August 28, 2011. This information was extracted on 08/28/2011. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!
Author: Bill Cobb, Appraiser with Accurate Valuations Group
Tags: Baton Rouge Real Estate, Baton Rouge Homes, Baton Rouge Housing, Baton Rouge Home Appraisers, Baton Rouge Real Estate Appraisers, East Baton Rouge, Greater Baton Rouge, Baton Rouge Home Appraisal, Home Appraisals, Baton Rouge Realtors, Baton Rouge Real Estate Agents
Posted in Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Trends | 
Tags: Accurate Valuations, Association Of Realtors, Baton Rouge Real Estate News, Bill Cobb, Entrance Sign, Foreclosure Sales, Gbrmls, Home Appraisers, Hurricane Katrina, Lake Shadow, Median Sales Price, National Recession, Price Trends, Private Entrance, Real Estate Appraisal, Real Estate Appraisers, Report Author, Shadow Drive, Trends Report, Typical Sales | 
2 Comments »
Baton Rouge Real Estate Appraisers Report On 2010 vs 2011 Housing Market
http://www.batonrougerealestateappraisers.net/ – East Baton Rouge Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report. Report shows a minor 3% decrease in number of home sales over 2010, but significant declines in Average Sales Prices overall. Report includes ALL housing types in East Baton Rouge Parish.
Accurate Valuations Group (Home Appraisals) has completed an analysis of the East Baton Rouge Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below. Click the chart to view in a larger size.
This is a lot of data to report on in one (1) article with “20″ zip codes. A short summary follows:
Number of Home Sales Decreased by 3% Over 2010! For the number of home sales, only 9 zip codes reported a smaller number of sales. And, Ten (10) Zip Codes experienced more sales in Q1 2011 than in Q1 2010, which is great news for our market. Still, in Q1 2010 there were 738 home sales versus 714 in Q1 2011, which is a difference of 24 sales or -3%.
Average Sales Prices Overall Decline! This is consistent with the CoreLogic report on national home prices falling for the 7th straight month, as reported on Thursday, April 7, 2011. Thirteen (13) of the 20 Zip Codes showed declining average sales prices versus only Seven (7) showing increases. Local home prices are continuing to correct.
Average Sales Price Per Square Foot Overall Declines! This is consistent with the CoreLogic report. Fifteen (15) of the 20 Zip Codes showed declining average sales prices per sq. ft. versus only Seven (5) showing either no change or just slight increases.
Biggest Gainers. Zip Code 70807, the Scotlandville market, showed a 450% increase in number of home sales. Zip Code 70739, the Central or Greenwell Springs market, showed a +16.2% increase in Average Sales Prices AND +5.6% in Average Sales Price Per Sq. Ft.. Central is a “hot” market viewed by locals as having a favorable school district.
Largest Declines. Zip Code 70820, the market below LSU off Brightside, showed a -35.3% decrease in number of home sales. Zip Code 70802, the market in and around Central Business District, showed a -33.4% decline in Average Sales Prices AND -30.2% decline in Average Sales Price Per Sq. Ft..
Visit Baton Rouge Real Estate Buzz Here
Visit Baton Rouge Real Estate Buzz On Facebook
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 Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Home Appraisers, Baton Rouge Housing Market, Baton Rouge Real Estate, Baton Rouge Real Estate Trends, Trends Baton Rouge Real Estate | Tags: Accurate Valuations, Baton Rouge Parish, Baton Rouge Real Estate News, Baton Rouge Real Estate News, Biggest Gainers, Decline, Declines, East Baton Rouge, First Quarter, Great News, Greenwell Springs, Group Home, Home Appraisals, Hot Market, Housing Market, Locals, Lsu, Quarterly Sales, Real Estate Appraisers, Sq Ft, Zip Code, Zip Codes | 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 »
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 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 »
Ascension Parish Home Appraisers: Quail Creek Subdivision Numbers Improve in 2010!
http://www.ascensionrealestateappraisers.com/ – Ascension Parish Home Appraisers: Quail Creek Subdivision Numbers Improve in 2010! While the number of home sales is down 54%, the average sales price, median sales price and average sold price per sq. ft. are all up in 2010 based on 6 sales. 
I’m currently working on a refinance appraisal on Lakeland Avenue in Quail Creek Subdivision and found the numbers below rather interesting.
Solds In Quail Creek from 1/2010 to 12/1/2010 revealed:
Average Sales Price: $284,383 ($241,281 in 2009)
Average Sold Price Per Sq. Ft.: $117.14/sf ($113.42/sf in 2009)
Median Sold Price: $285,200 ($250,000 in 2009 based on 13 sales)
Number of Sales: 6 (13 in 2009)
Average Number of Days On Market:131
Low To High: $217,900 to $350,000 (Sizes Vary from 1,790sf to 3,292sf)
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 4, 0 Are Foreclosures
Current Listings Prices: $225,000 To $309,900
NOTE: The GBRMLS Chart has not been updated and only includes “4″ of the “6″ sales taken place.
NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 1, 2010. This information was extracted on 12/01/2010.
Tags: Baton Rouge Estate Appraisers, Baton Rouge FHA Appraisers, Baton Rouge Housing, Baton Rouge Housing Market, Baton Rouge Real Estate Appraisers, Baton Rouge Real Estate Buzz, Greater Baton Rouge Real Estate, Quail Creek, Ascension Parish Real Estate, 70769
Posted in Ascension Parish Real Estate News, Greater Baton Rouge Real Estate News, Greater Baton Rouge Subdivision Video Tours | Tags: ascension parish real estate, Association Of Realtors, Baton Rouge Real Estate News, Buzz, Current, Fha, Foreclosures, Greater Baton Rouge, Home Appraisers, Housing Market, January 1, Lakeland, Median Sales Price, Mls, Quail, Real Estate Appraisers, Reo, Solds, Sq Ft | No Comments »
Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell?
http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers: Why do some houses sit on the market while others sell?
Here’s an interesting video by Jay Papasan, an executive of Keller Williams Realty. We see “Jay” on the month “This Month In Real Estate US: November 2010″ videos on YouTube. In this video, Mr. Papasan explains why some houses just sit there on the market while others sell, which is an appropriate topic for locals now that the expiration of the Federal tax credit means a lot homes locally are just sitting.
I thought his explanations were helpful explanations. The visual displays of these concepts of his x/y axis were helpful as well.
I’m curious to hear the experience of both home owners and real estate agents as to what if Mr. Papasan is explaining is reality locally? Any ideas on what it would take for homes to sell faster? Are locals just waiting for a bottom before buying or is there something more going on in their psyche – more of a concern about what’s taking in Washington, DC than a concern for the Baton Rouge economy maybe?
You can follow Jay Papasan on Twitter at @jaypapasan, and on Facebook @ http://www.facebook.com/jaypapasan . Mr. Papasan is also coauthor of The Millionaire Real Estate Agent, The Millionaire Real Estate Investor & SHIFT.
Posted in Baton Rouge Appraisal, Baton Rouge Appraisals, Baton Rouge Appraisers, Baton Rouge Divorce Appraisal, Baton Rouge Divorce Appraisals, Baton Rouge Economic News, Baton Rouge Housing Market, Baton Rouge Real Estate | Tags: Amp, Axis, Baton Rouge Real Estate News, Economy, Explanations, Federal Tax Credit, Jay Papasan, Keller Williams Realty, Locals, Millionaire Real Estate Investor, Psyche, Real Estate Agent, Real Estate Agents, Real Estate Appraisers, Real Estate Investor, Twitter, Videos, Visual Displays, Washington Dc, Youtube | No Comments »
Baton Rouge Real Estate Appraisers Complete 2010 Jefferson Terrace Housing Study, Video
http://www.batonrougerealestatetrends.net/ – Baton Rouge Real Estate Appraisers Complete 2010 Jefferson Terrace Housing Study
