baton rouge real estate: Green Trails At Shenandoah Baton Rouge Home Sales 2013 to 2016 - 03/24/16 12:02 AM
Green Trails At Shenandoah Subdivision Baton Rouge Home Sales 2013 to 2016 YTD Zip Code 70817 by Bill Cobb Appraiser 225-293-1500

To answer a question about if a new home is worth the asking price in Green Trails, I searched from 1600sf to 2200sf, there's been 3 sales and 3 current listings. Three solds from $295,300 to $316,000, 1842sf to 2059sf, median size 2004sf, median sales price $148/sf, median days on market 122 days and median listing to sales price ratio 99%.
Two active listings from $288,400 to $289,900, 1876sf to 1981sf, median size 1928sf, median listing price $150/sf, median days on market … (2 comments)

baton rouge real estate: January 2016 Greater Baton Rouge Home Sales Facts Bill Cobb Appraiser - 03/04/16 01:07 AM
Originally published here on BatonRougeHousingReports.com 
Greater Baton Rouge Home Sales January 2016 Update by Bill Cobb Appraiser

It used to be in Baton Rouge Real Estate January and February were slower months for home sales.  However, January 2016 was a very busy start to our new year. A couple of local REALTORS said they sold more homes in January 2016 than they did in their busiest months in 2015. 
Here is this month's look at Greater Baton Rouge home sales for detached and attached homes: East Baton Rouge, West Baton Rouge, Ascension and Livingston. I'm comparing January 2015 vs January 2016 statistics. DO KNOW we're … (0 comments)

baton rouge real estate: Greater Baton Rouge 2015 Home Sales $475,000 Plus List by Subdivision - 01/23/16 05:49 AM
Greater Baton Rouge 2015 Home Sales $475,000 Plus List by Subdivision
 
Since 01/01/2015, there’s been 428 luxury home sales $475,000 to $6,000,000. Low sales price per sq. ft. was $45/sf to a high of $455/sf, averaging $182/sf. Luxury home sold from 1 to 1,180 days on the market, averaging 152 days. Executive homes sold from 50% of listing price to 120%, averaging 96%. It appears Bocage market is showing some weakness selling at 88% to 89% of listing prices. Average size luxury home sold was 3,853 sq. ft..

The most sales took place NOT in subdivisions but rather on Rural Tracts, 43 sales. … (1 comments)

baton rouge real estate: Garden District | Baton Rouge Real Estate - 01/18/16 05:25 AM
A very well meticulously written description of Baton Rouge's romantic Garden District, an older neighborhood in 70806 and 70808 where pier & beam cottage style homes have personality as opposed to say Shenandoah Estates 70817 where personality and looks was obviously not the goal.  
My definition is Baton Rouge Garden District home appraisals extends from Park Blvd to the west, Government St North, Lobdell Ave East and the meandering lines below.  In my opinion, there's no way to say Roseland Terrace is the Garden District and Old Goodwood is not. Same with Steele Place, Glenmore Place or Westdale, to say these … (0 comments)

baton rouge real estate: Virtual Reality Home Viewing Coming To Some 2016 Baton Rouge Listings - 01/04/16 06:31 AM

Virtual Reality Home Viewing
Technology has always fascinated me! Technology applied to visual marketing or visual presentation within residential real estate, whether via amateur photos or Fotosold quality photos, Animoto style photo slideshow videos or real video tours, illustrated sketch images or animated floor plans, the standard or bar in presentation keeps being raised by those willing to go First and making deep pocket investments into technology.
Last week during my time off and while perusing Facebook, I saw where Darren James Real Estate Experts shared and stated, "Darren James Real Estate Experts...Bringing Virtual Reality to Home Viewing in 2016! The … (0 comments)

baton rouge real estate: Baton Rouge Home Prices in Zip Code 70810 Increase 5 Percent in 2015 - 12/03/15 10:09 PM
This is a Baton Rouge Housing Market Study of Zip Code 70810 from 2014 versus 2015 YTD, from $0 to $500,000 in order to eliminate any $1,000,000 high dollar sales and  the Pennington $6,000,000 sale within these neighborhood boundaries. While I stated above a 5 percent increase, median sales price was up 6.6%, average sales price was up 5.3% and average sold price per sq. ft. was up 3.4%.  When rounded, this is closest to a 5% increase. 






Median Sales Price: + $15,950 or + +6.6%
$243,000 in 2014 vs. $258,950 in 2015
 


Average Sales Price: + $12,975 or +5.3%
$246,280 in 2014 vs. $259,255 in … (0 comments)

baton rouge real estate: Oak Hills Place Baton Rouge Home Sales Update 2015 - 11/28/15 10:19 PM
I recently completed a Baton Rouge Divorce Home Appraisal in Oak Hills Place Subdivision in the hottest zip code in Baton Rouge - 70810. Oak Hills Place was developed in approximately the 1960s. Home sizes range from 1821sf to 4986sf, average 2667sf. The following is my report on the home sales trends from September 2014 to November 2015 Year-To-Date.

Oak Hills Place Subdivision Baton Rouge 70810 Home Sales Update 09/2014 to 11/2015 YTD:
Eight (8) Oak Hills Place Home Sales From $210,500 to $619,000
Median Sales Price $350,000
Average Sales Price: $354,562
Median Sold Price Per Sq. Ft.: $118/sf
Average Sold Price Per Sq. Ft.:$122/sf, $72/sf to … (0 comments)

baton rouge real estate: University Club Plantation Baton Rouge Home Prices Charts 2015 - 11/28/15 06:13 PM
I recently completed a Baton Rouge Pre-Listing Home Appraisal in Baton Rouge's Executive Luxury Subdivision, University Club Plantation. The following is my report on the existing home sales trends from January 2015 to November 28, 2015.  Why the focus on just existing home sales?  Because the home I'm appraising is approximately 10 years old now and the contrast between new home sold prices and existing home prices is of no comparison.  The average sales price per sq. ft. of existing homes in 2015 was $166 vs. $186/sf for new construction.  Why the focus on median sales price?  Because median sales price … (1 comments)

baton rouge real estate: Baton Rouge FHA Appraiser New Report Commentary 2015 - 11/28/15 05:17 PM
In 2015, FHA increased appraisal standards and requirements for a house to qualify for FHA financing. Assuming the house actually meets each of these standards below, these are the new comments I've added to my Baton Rouge FHA Home Appraisal Reports .  As with any home purchase, new house or exiting house, I highly recommend a thorough home inspection! 

INTENDED USE and INTENDED USER [Hdbk 4000.1 – Page 497] “The intended use of the appraisal is solely to assist FHA in assessing the risk of the Property securing the FHA-insured Mortgage (24 CFR § 200.145(b)). FHA and the Mortgagee are the intended users … (0 comments)

baton rouge real estate: Greenwell Forest Subdivision Baton Rouge Home Sales Update 70814 - 11/24/15 12:56 AM
I recently completed a pre-foreclosure home purchase appraisal in Greenwell Forest Subdivision Baton Rouge 70814. Greenwell Forest was developed in approximately the 1950s. Home sizes range from 1207sf to 2952sf, average 1690sf. The following is my report on the home sales trends that took place and the prices paid for these homes from November 2014 to November 2015 Year-To-Date.


Greenwell Forest Subdivision Baton Rouge 70814 Home Sales Update 2014 to 11/2015 YTD:
7 Home Sales From $55,000 to $160,000
Median Sales Price $125,000
Average Sold Price Per Sq. Ft.:$58/sf
Average Sales Price To Listing Price Ratio: 94%
Average Days On Market: 136 Days.
NOTE: Average Listing To Sales … (1 comments)

baton rouge real estate: Inniswold Estates Baton Rouge Home Sales Update 2015 - 11/18/15 07:04 PM
I recently completed a home equity appraisal in Inniswold Estates Subdivision in City of Baton Rouge Suburb. Inniswold Estates was developed in approximately the 1940s to 1960s with a mix of older and newer homes. GBRMLS search shows the two oldest ages recorded in listings was 1944 and 1945. Buying tear downs of old home appears to build new homes to be a trend due to location, location, location. Home sizes range from 1,070sf to 5,684sf, average 1,826sf. The following is my report on the home sales trends that took place and the prices paid for these homes from June 2014 … (1 comments)

baton rouge real estate: Cornerstone Subdivision Baton Rouge Home Sales Trends 2014-2015 - 11/10/15 11:46 PM
I recently completed a rare Baton Rouge foreclosure home appraisal in the year 2015 within Cornerstone Subdivision off Siegen Lane. The following is my report on the home sales trends that took place and the prices paid for these homes from 2014 to 2015.

 
Baton Rouge population 228,000 (Greater Baton Rouge 804,000+/-). Since mid 1990s, Baton Rouge experienced rapid residential and commercial development. Location is convenient to schools, employment and, numerous restaurants and shopping (Perkins Rowe, Mall of Louisiana, Walmart, Sams Club). Zip Code 70810 is possibly THE most popular HOT location in Baton Rouge based on favorable location to Perkins Rowe, … (1 comments)

baton rouge real estate: Woodstock Subdivision Central Baton Rouge Home Sales Update 2015 - 11/09/15 10:11 PM
I recently completed a home purchase appraisal in Woodstock Subdivision in City of Central Baton Rouge Suburb. Woodstock was developed in 2008 with a second filing in 2012-2014 around 2 lakes or ponds. Home sizes range from 1697sf to 3448sf, average 2,133sf. DSLD Homes has been primary Builder in Woostock since 2013. The following is my report on the home sales trends that took place and the prices paid for these homes from November 2014 to November 2015 Year-To-Date.


Woodstock Subdivision Central Baton Rouge Home Sales Update 11/2014 to 11/2015:
Thirty five (35) Sales From $221,000 to $345,900
Median Sales Price $237,900
Average Sold Price … (1 comments)

baton rouge real estate: Lakepark Garden Homes Baton Rouge - Be Careful How Much You Pay! - 11/09/15 02:31 PM
I recently completed a Baton Rouge refinance home appraisal in Lakepark Garden Homes. Lakepark Garden Homes was developed in 1985 with some homes built, stalled building due to U.S. economic meltdown and resumed new homes in approximately 1992-1994. Homes range from 874sf to 2,373 sq. ft. average size 1357sf. The following is my report on the home sales trends that took place and the prices paid for these homes from 09/2014 to 2015.

THINKING OF BUYING A HOME IN LAKEPARK GARDEN HOMES?
IT'S CERTAINLY A SUBDIVISION I'D STRONGLY RECOMMEND A PRE-PURCHASE HOME APPRAISAL TO AVOID OVER PAYING. Those that paid $145,000 in … (0 comments)

baton rouge real estate: How Baton Rouge Appraisers Think - What Is External Obsolescence? - 08/11/15 07:47 AM
What Is External Obsolescence - How Baton Rouge Home Appraisers Think?
External Obsolescence can be locational factors which decrease the value of your home.  
And, it can add "A;Res:" classification for "Adverse" location.   Lenders "may" frown on lending on a home with an adverse location.

"The definition of external obsolescence, “is an element of depreciation; a defect, usually incurable, caused by negative influences outside a site and generally incurable on the part of the owner, landlord, or tenant."

Photo Caption: Homes fronting busy highways with loud noise and potential for wrecks in front yard! 

Examples are being located too close to a major … (0 comments)

baton rouge real estate: Baton Rouge Home Sales Up June 2015, Market Commentary - 07/10/15 01:52 AM
Greater Baton Rouge Home Sales Snapshot June 2015 
Covers Detached Single Family in East & West Baton Rouge, Ascension & Livingston Parishes.




It appears Greater Baton Rouge home sales recovered in June with a 8.5% increase over June 2014 and after an 8% decline for May 2015. And, for first 6 months, home sales are up 5.2% with 3,972 from Jan-June 2015 vs 3,777 Jan-June 2014. 
New construction experienced 894 sales sales for entire 2015 $123,900 to $901,700, median $216,895, average $243,347 selling for 100% of listing price, average size home 1,953 sq. ft. and average price per sq. ft. of $122/sf, Average days … (0 comments)

baton rouge real estate: University Gardens Baton Rouge Home Sales Update 2015 - 05/24/15 04:31 PM
UNIVERSITY GARDENS SUBDIVISION BATON ROUGE LA 70808 HOME SALES 2012-2015 YTD By Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500

 
**** ONLY 2 2015 SALES YEAR TO DATE ***** $147 $166 $177 $159 $0 $50 $100 $150 $200 2012 2013 2014 2015 Price Per Square Foot Price Per Square Foot Linear (Price Per Square Foot) $265,750 $323,750 $366,750 $289,500 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 2012 2013 2014 2015 Median Sales Price Median Sales Price Linear (Median Sales Price) 5% 3% 5% 5% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 2012 2013 2014 2015 Discount off List Price Discount … (0 comments)

baton rouge real estate: Villa Del Rey Baton Rouge Home Sales Update 2015 - 05/24/15 01:38 AM
VILLA DEL REY SUBDIVISION BATON ROUGE LA 70815 HOME SALES 2012-2015 YTD By Bill Cobb, Greater Baton Rouge's Home Appraiser 225-293-1500
 
 
 
ONLY 7 2015 SALES YEAR TO DATE
$54 $56 $59 $72 $0 $10 $20 $30 $40 $50 $60 $70 $80 2012 2013 2014 2015 Price Per Square Foot Price Per Square Foot Linear (Price Per Square Foot) $125,000 $113,500 $116,647 $150,000 $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 2012 2013 2014 2015 Median Sales Price Median Sales Price Linear (Median Sales Price) 4% 5% 6% 3% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 2012 2013 2014 2015 Discount … (1 comments)

baton rouge real estate: April 2015 Baton Rouge Home Sales, Short Supply by Bill Cobb Appraiser - 05/13/15 02:25 AM
APRIL 2015 Baton Rouge Home Sales Down, Home Prices UP and Short Supply Continues by Baton Rouge's Home Appraiser, Bill Cobb 
Downloadable pdf of charts. 
BE SURE TO READ IMPORTANT DISCLAIMER ON INFLATED PRICES AND FALSE EQUITY WITHIN BATON ROUGE REAL ESTATE. 
Yes, it's an incredible excting time to be a part of Baton Rouge Housing and the Baton Rouge Real Estate market in 2015 is fantastic with reports of homes selling in 1 day due to shortage of supply, but not exactly to the extent of the hype in the news or on Facebook. Yes, April 2015 house sales were down, which is … (6 comments)

baton rouge real estate: Tiny House Movement Baton Rouge La - Kiwi House - 03/31/15 10:13 PM
This is very Interesting to me - Kiwi House Baton Rouge, Louisiana by Plus One, LLC 
 
NOTE: There is NO Tiny House Movement In Baton Rouge that I can find on a daily basis, see my comment at bottom of post. 
 
1 of Several Winners of annual Small Project Awards, The American Institute of Architects


This particular experimental home was built in an urban area of Baton Rouge, in a lower valued challenging subdivision where homes are priced in the $17,000 to $75,000 range with several vacant lots on same street.  So, such a home could be built in urban renewal areas and/or for … (2 comments)

 
Bill Cobb, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC) Rainmaker large

Bill Cobb

Greater Baton Rouge's Home Appraiser

Baton Rouge, LA

More about me…

Accurate Valuations Group, LLC

Address: P.O. Box 40515, Baton Rouge, LA, 70835

Office: (225) 293-1500

Mobile: (225) 953-0638

Email Me

Baton Rouge Louisiana Home Appraiser Providing Local Real Estate News And Opinion. Baton Rouge FHA Appraisers ABOUT AVG: BATON ROUGE PRE-LISTING APPRAISALS EXPLAINED VIDEO: Click Here To Find Out More About Greater Baton Rouge Pre-Listing & Pre-Purchase Appraisals! Click Here To Visit Greater Baton Rouge Real Estate News "Curated" Site! BATON ROUGE HOUSING REPORTS DOT COM: EAST BATON ROUGE AUGUST 2011 VS AUG 2012 UPDATE:
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