Has COVID-19 Changed Baton Rouge Home Buyer Feature Choices?

By
Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

It's been said, with people sheltering in place, they're buying larger homes with home offices, home school areas, more bedrooms and bathrooms along with recreational extras (pools, etc.) to enjoy being home more... It's especially difficult to focus on home office or home school area as key features when that might have be a formal dining room or breakfast area.

When comparing Jan 2020 vs Jan 2021, the only significant change is buyers are buying homes with more bathrooms. Home size increased by 29 sq.ft. or only 1.6 percent. Bedroom count did not change significantly. And, homes sold with pools actually decreased by 1.3 percent. The number of home sales did increase 24.1 percent.

I have seen in 2021 where one homeowner converted their laundry room into a home office moving their laundry room into their garage. 

laundry-to-office-conversion

I would appreciate any feedback you've seen since March 2020 on what buyers are looking for and/or how their choices have changed. REALTORS® are much more keyed into buyer choices, sometimes walking with them through a home,  whereas Appraisers try to interpret what happened through MLS listings and data. Your feedback is invaluable to Appraisers.

Data Source: Greater Baton Rouge Association of REALTORS® / MLS January 2020 vs January 2021. Search parameters: ALL MLSBOX, DSF or detached single family, 3 Bedrooms or more Jan 2020 vs Jan 2021.

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Comments (1)

Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

I would love to know about this too! 

Feb 19, 2021 06:18 PM
Bill Cobb Appraiser

Thank you so much, Joe!  Man, you're on fire with your helpful videos!! 😃

Feb 20, 2021 04:02 AM

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