http://www.batonrougerealestatebuzz.com/ - Baton Rouge Home For Sale: The Woodlands Subdivision 1348 Woodbranch Dr Baton Rouge LA 70816.  Approximately 1,540sf and 6-10 years old, 3 bedrooms, 2 baths on a 61x135 lot.

 

 

Ann Dail of Baton Rouge Area Homes, LLC has a nice listing in The Woodlands Subdivision. Ann says, "Tucked away on a private circle drive, this home is better than new! Beautifully landscaped yard and architectural shingles gives great curb appeal. You'll love the low maintenance exterior. The rear yard is privacy fenced and present owner has added a large covered patio for outdoor enjoyment. Beautiful windows make the dining and kitchen light and airy. There have been interior upgrades by this owner including gleaming wood floors and designer draperies and upgraded fixtures and hardward. Relax in a jacuzzi garden tub in your private master bath featuring his and her closets and dressing areas."  Contact Ann Dail here!  To learn more about this home, visit http://www.batonrougeareahomes.com/ and click "FEATURED BATON ROUGE HOMES" link at top left.

 

 

 

 

 

 

 

http://www.batonrougemarketmetrics.com/ - Baton Rouge Housing Market Metrics: The Woodlands 70816 Home Price Correction Continues

 

"The Woodlands" was built in approximately 1978 through the early 1990s with two (2) different age ranges of homes in GBRMLS.   There's the original older and larger homes in the 21-32 year age range and then the new and smaller homes in the 6-10, 11-15 and 16-20 year old range.   Naturally, the smaller newer homes (approx. 1300sf to 1700sf) to sell for more per sq. ft. than the older larger homes (1800sf to say 2300sf).  BASED ON THE ANALYSIS WITHIN THIS STUDY, POTENTIAL HOME BUYERS OF THE OLDER LARGER HOMES IN THE WOODLANDS SHOULD USE CAUTION AND NOT OVERPAY (there are 12 current MLS listings and 4 FSBOBR.COM Listings).  16 Total Listings Is An Oversupply.   And, there are at least 2 more foreclosures that will be on the market at some point in the future within The Woodlands of the larger older homes.   NOTE: For any purchase of the older larger homes in The Woodlands, I would highly recommend a "Baton Rouge Pre-Purchase Home Appraisals" to avoid overpaying, click here for more details.  Some sellers in Greater Baton Rouge still believe we are living in the 2006 highs of the market and aren't functioning in reality.

 

Appears To Be A Price Correction For Older Larger Homes.  In 2010, like some of the Greater Baton Rouge Housing Market correcting from post Hurricane Katrina highs and with the expiration of the Federal Tax Credit, sales have slowed in The Woodlands, from 15 in 2009 to 6 in 2010.  The GBRMLS chart below shows a continued decline in both the Average Sold Price and Median Sales Price, a correction from 2009 to 2010 of -1.8% and -2.8% respectively.  From 2008 to 2010, the correction is -5.6% and -7.3%. 

Newer Smaller vs. Older Larger.  It appears from closer examination that the younger aged homes are maintaining price stability while the older homes are not.  In 2010, there have been two older larger home sales for $155,000 or $80/sf for 2117sf (not a distressed sale) and for $169,900 or $91/sf for 1,875sf.  Also, there is a listing on Woodmoss Dr of 2,138sf built in 1981 with new roof and 3 car garage for $184,000 AND this home has been listed since February 11, 2009 or 631 days on the market (the average Woodlands home is on the market less than 100 days).  Data as of 11/04/2010.

 

 

 

 

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to November 4, 2010.  This information was extracted on 11/04/2010.   YES, this appraiser does have the permission of GBRMLS to use the MLS Charts Above.  

Come by and tour this beautiful home Sunday - November 7, 2010 from 2-4 pm.  This property is sure to sell quickly, so don't miss an opportunity to see all this home has to offer.

Located at 1348 Woodbranch Drive in Baton Rouge, LA  70816, this 3 bedroom, 2 bathroom home with 1,550 living SF offers multiple upgrades and extras.

This home has been beautifully landscaped and showcases architectural shingles.  The homeowners have added a large covered patio in the back for outdoor entertainment and enjoyment.  The interior of the home contains gleaming wood floors, designer draperies and upgraded fixtures.  The master bathroom contains a garden, jacuzzi tub as well as his and her closets and dressing areas.

The property is listed at $182,900 or $118.77/sf and is in the Greater Baton Rouge MLS as property number B1015694.

If you have any questions about this property, give Ann Dail a call @ 225.202.1554.  Otherwise, come on by and view this great home before its gone!

 

 

 

 

 

http://homeappraisalsbatonrouge.com/ - Baton Rouge Real Estate: The Woodlands Housing Market Direction? Market Direction For The Woodlands S/D: Up or Down? Solds In The Woodlands from 9/25/06 to 9/25/07 reveal: Average Sales Price: $169,622 Average Sold Price Per Sq. Ft.: $95.21/sf Median Sold Price: $168,000 Low Sales Price: $139,900 High Sales Price: $215,000 # of Sales: 27 Average # of Days On Market: 51 Days On Market Solds In The Woodlands from 9/25/07 to 9/25/08 reveal: Average Sales Price: $172,106 Average Sold Price Per Sq. Ft.: $95.56/sf Median Sold Price: $173,000 Low Sales Price: $135000 High Sales Price: $206,000 Average # of Days On Market: 64 Days On Market # of Sales: 17 Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within The Woodlands, the market direction appears to be increasing. And, the average sales price has increased by +$2,484 and average sold price per sq. ft. +$0.35/sf. Yes, this market has slowed with 17 sales in the previous 12 months versus 27 sales between 9/06 to 9/07. However, when one reads the constant negative national real estate headlines, the fact that The Woodlands has 17 closed sales and values are still increasing in a "Post Mortgage Meltdown" and a "Tight Credit Crisis", that's great news for the Baton Rouge Housing Market! Author's Bio: Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 16 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser. Bill's company, Accurate Valuations Home Appraisal 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 Fax: 1-866-663-6065 fastvalue2@cox.net http://www.batonrougehomeappraisals.com