http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Ryan Spencer Agent Profile Video

Ryan Spencer Coldwell Banker One Agent Profile Video

http://www.batonrougehomeappraisal.com/ – Baton Rouge Housing Statistics: LSU Heatherstone Townhomes 70820

Heatherstone is a townhome development located near LSU off Brightside Drive 70820. According to MLS, the living area sizes vary from 1,474sf up to 2,280sf and ages vary from 11-15 years to 31-40 years old, from approximately 1973 to 1994. Since 1/1/2009, the Average Sales Price has been $156,417, Average Sold Price Per Sq. Ft. $87.31/sf, Median $156,500, Low $135,000, High $182,500 and Average Days On Market 108 Days.

The Chart Below Is Showing A -2.25% Decline In Median Sales Price From June 2009 to June 2010.

Data used with permission of the Greater Baton Rouge Board of Realtors. Data extraction date 06/21/2010, from 1/1/2007 to 06/21/2010.

http://www.batonrougerealestateappraisers.net/ - Baton Rouge Real Estate Photos From Field: Florida Plaza Townhomes 70806

Tags: Baton Rouge Real Estate, Baton Rouge Townhomes, Baton Rouge Town Homes, Baton Rouge Townhouses, Real Estate Baton Rouge, Baton Rouge Real Estate Photos From The Field

http://www.gbrprelistingappraisals.com/ – Greater Baton Rouge Pre-Listing Home Appraisals Video 225-293-1500.

This video describes what’s included in a “Pre-Listing” Home Listing Appraisal for the Greater Baton Rouge Housing Market performed by Bill Cobb with Accurate Valuations Group! Visit http://www.gbrprelistingappraisals.com/ and find out more about having a video made for YouTube to help sell your home faster. Plus, this appraiser can help your home get found on Google for interested buyers. So, we not offer Pre-Listing Appraisals, but a full marketing package and a listing on the Greater Baton Rouge Realty Video Visual Tours Website: http://www.gbrrealtyvisualtour.com/

Tags: Baton Rouge Real Estate, Baton Rouge Home, Baton Rouge Homes, Baton Rouge Listing Appraisal, Baton Rouge Listing Appraisals, Baton Rouge Pre-Listing Appraisal, Baton Rouge For Sale By Owner, FSBOBR.com, FSBO.com, For Sale By Owner Baton Rouge, For Sale By Owner Greater Baton Rouge

http://www.batonrougerealestatebuzz.com/ – Baton Rouge Real Estate Agents: Would A Geographical Competency Map Of Your Previous Listings Help You Earn More Listings? If you’re an experienced agent, it certainly would by adding hundreds of red labels on a Google map.

As the map above illustrates, I recently learned how to use Google Maps to Geocode some of the home addresses I’ve been appraising. This process created a “Geographical Competency Map” illustrating my competency to appraise homes in certain local housing markets. In an HVCC era, this helps me to prove that I’m “geographically competent” to appraise homes locally and that I’m not traveling 50 miles out of my normal marketing area or beyond my market competency.

Question: If you as a local real estate agent created such a map to show to your listing prospects, would it help you earn more listings? I think it would!

I learned to create such a map by watching this video below and checking out REBliss.com’s How To Use Google Maps to Show Your Geographic Competency.

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Photos From The Field: Central Thruway Progress Photos As Of April 10, 2010

The last major news article I could locate on the Central Thruway project was on May 20, 2009 from The Advocate here! A snippet of the article stated:

“The work order was issued on Monday marking the start of a $9.6 million project to construct two large bridges for the Central Thruway, a city-parish official said.

The contract calls for contractor James Construction Group to build bridges over the railroad bridge and over Sullivan Bayou along the thruway route, city-parish Chief Construction Engineer Jose Alvarez said.

James Construction will have 600 days to complete the two bridges, Alvarez said.

City-parish officials are slated to hold a groundbreaking today for the project.

Another company, L&A Contracting, started work last year on the $23.8 million project to build bridges over Comite River and Beaver Bayou in that same area between Frenchtown Road and Florida Boulevard.”

http://www.batonrougerealestateappraisal.com/ – New LSU Student Housing: The Cottages Of Baton Rouge Video Tour

http://www.batonrougerealestateappraisal.com/ – Video: Real Estate Baton Rouge Housing Report. In this video, Baton Rouge Home Appraiser, Bill Cobb, speaks about the Maison Deville Townhomes 2009 and 2010 housing market.

Tags: baton rouge real estate, baton rouge real estate agents, baton rouge real estate appraisers, baton rouge real estate trends, baton rouge realtors, East Baton Rouge, Estate Appraisers Baton Rouge, FHA Appraisers Baton Rouge, greater baton rouge real estate

http://www.accuratevg.com/ - Greater Baton Rouge Homeowners: Home Appraisal Tips – First Impressions Count

I found this helpful video and wanted to share with locals. As a home appraiser for almost 20 years now, I can certainly relate to what Sherie Smith is saying.

http://www.batonrougerealestateappraisal.com/ - Baton Rouge Real Estate: Greater Baton Rouge Homeowner Should Not Have Added $60,000 Pool In A $150,000 Subdivision

I ran across a situation in the Greater Baton Rouge Housing Market where a homeowner, located in a subdivision where the average home is worth $150,000, installed a $60,000 Gunite Inground Pool recently. Now, their home is on the market and they are about to be taken through the “school of hard knocks” when the appraiser doesn’t give them any more than $5,000 to maybe $7,500 contributory value for their pool. I’ve been appraising now for 18 years and see these types of situation several times per year and just shake my head when I see this happen.

Why only $5,000 to $7,500 contributory value for a $60,000 “gunite” pool? It’s not that “blankety blank” appraiser’s fault. It’s actually the market, the buyers, that don’t reward such expensive overimprovements. And mortgage underwriters that scrutinize the appraisals when appraisers do.

Is It Common For IG Pools In That Market? Let’s venture this thought process in the eyes of the appraiser! You have to look at the overall market and ask if it’s common for $60,000 inground pools to be installed in subdivisions where the homes are $150,000, which it’s not. Then ask yourself if the average owner in Such-And-Such Subdivision has an inground pool and the answer is no. Look at an aerial map for proof. Is it common for any buyer in the general Greater Baton Rouge market to pay more than $7,500 for a pool on an existing home sale where the price of the home is below $200,000? That answer is generally no as well. There may be exceptions, but they would be very rare.

Mortgage Underwriting Questions? What happens if the appraiser gives more than $5,000 to $7,500 on a pool is the underwriters coming back with a request for comps where the market actually gave that much for a pool. It’s at that point where the sale may fall apart because the appraiser can’t support giving the subject home that much value for that $60K pool in a $150,000 subdivision. I’m sure from the photos that it’s a nice pool, but in this national mortgage meltdown market where this loan may be underwritten in New Jersey, Manhatten NY or California or elsewhere where pools don’t carry much value, then giving too much value to the pool may even cause the lender not to want to do the loan and/or throw up red-flags.

There’s two lessons here!

1.) If you plan on remaining in your home until you die, then live it up and build whatever you want in your backyard (ig pools, metal workshop, that covered patio, wood decking, stone walk-ways, etc..).

2.) If you don’t plan on remaining in your home until you die, and your investment dollars must be wisely spent, then be very cautious about installing ig pools, metal workshops, covered patios, wood decks, stone walk-ways, etc.. because they don’t bring much return on investment. The lesson here is not to invest money in the your backyard and expect to receive dollar-for-dollar return on your investment. The lesson is to invest on the home itself before investing in your backyard.

Greater Baton Rouge’s Home Appraiser – Bill Cobb! Your Local Home Value “Trust Agent”! http://www.accuratevg.com/

Sphere: Related Content

]]> http://www.batonrougerealtorhomes.net/greater-baton-rouge-real-estate-baton-rouge-real-estate/baton-rouge-real-estate/greater-baton-rouge-homeowner-should-not-have-added-60000-pool-in-a-150000-subdivision/feed/ 0