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Bayou Grand South Gonzales LA Home Sales Trends 2014-2015
I recently completed a home purchase appraisal in Bayou Grand South Subdivision in Gonzales Louisiana 70737. Gonzales is Greater Baton Rouge Suburb located south of Baton Rouge. Bayou Grand South may have been developed in 1950s, not exactly certain, with home sizes ranging from 776sf to 1850sf, average 1,290 sq. ft. The following is my report on the home sales trends that took place and the prices paid for these homes from January 2014 to November 2015 Year-To-Date.
*****READ MY CAUTIONARY WARNING ON A LISTING AT $121/SF WITHIN BAYOU GRAND SOUTH. IT WOULD NOT BE A WISE PURCHASE TO PAY $121/SF IN BAYOU GRAND SOUTH! Just because an Agent lists a home at a certain price does not mean that home is worth that price! Listing price could be what the seller wants for their home versus what the market will actually support. And, if 3 listings in there have been on the market for up to 167 days and are not selling, then the listing prices are probably what sellers want and have nothing to do with market support. Bayou Grand South is not a market you'd want to over pay within!*****
Gonzales Louisiana population 37K, rapidly expanding residential and commercial development ... more
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