Archive for the ‘greater baton rouge real estate’ Category

http://www.videosofbatonrougerealestate.com/ – New Listing in Les Chenier Prairievlille, Home for sale at 17378 Lauren Drive

17378 Lauren Dr (2)

 

Very cute home in desirable Les Chenier Subdivision. This home is situated on a large fenced lot. The kitchen has been upgraded with beautiful granite countertops. The main living area features wood flooring and ceramic tile. The master bedroom also has wood floors. The bonus room upstairs is a very special extra. The pool table will remain so you can start entertaining soon after you move in! There is also a seating area that can be used as a theater area as well. Two skylights bring lots of natural light into the bonus room. This home feeds to the most desirable schools in Ascension Parish. Call today for your private showing.

17378 Lauren Dr (1)

Click Below For More Details!

17378 Lauren Drive

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http://www.batonrougerealestatebuzz.com/ – Greater Baton Rouge Housing Update For Week of April 22, 2011 (From April 16-22, 2011). This report covers the primary four (4) Parishes that make up Greater Baton Rouge Real Estate.

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ASCENSION PARISH


SOLDS:


5 from $67,000 to $229,900, Average Sales Prices $168,180 or $99.98/sf, Median Sales Price $185,000, Average Days On Market 41.
LISTINGS:


Currently Actives Total: 744 $234,268 Average Listing Price and Median Price $198,200.
Currently Pending: 246 $194,128 Average Listing Price and Median Price $174,975.
New Listings: 40 With Average Listing Price of $195,992, Median Listing Price of $169,900
Pending Listings: 39 With Average Listing Price of $202,851, Median Listing Price of $189,000
Withdrawn Listings: 13 With Average Listing Price of $259,753, Median Listing Price of $224,900
Expired Listings: 7 With Average Listing Price of $155,673, Median Listing Price of $129,000

 

EAST BATON ROUGE PARISH

SOLDS:
42 from $21,900 to $575,000, Average Sales Prices $222,343 or $102.28/sf, Median Sales Price $187,000, Average Days On Market 123.

LISTINGS:
Currently Actives Total: 2695 $247,876 Average Listing Price and Median Price $176,900.
Currently Pending: 613 $209,906 Average Listing Price and Median Price $167,900.
New Listings: 133 With Average Listing Price of $220,158, Median Listing Price of $175,000
Pending Listings: 102 With Average Listing Price of $203,939, Median Listing Price of $169,450
Withdrawn Listings: 18 Average Listing Price $184,066, Median Listing Price of $142,500
Expired Listings: 23 With Average Listing Price of $468,832, Median Listing Price of $214,900

WESTERN LIVINGSTON PARISH


SOLDS:
19 from $22,500 to $448,000, Average Sales Prices $124,242 or $74.59/sf, Median Sales Price $89,000, Average Days On Market 74.

LISTINGS:
Currently Actives Total: 778 $193,809 Average Listing Price and Median Price $159,900.
Currently Pendings: 171 $151,976 Average Listing Price and Median Price $148,000.
New Listings: 37 With Average Listing Price of $186,735, Median Listing Price of $153,900
Pending Listings: 21 With Average Listing Price of $159,738, Median Listing Price of $146,900
Withdrawn Listings: 15 Average Listing Price $162,826, Median Listing Price of $147,500
Expired Listings: 17 With Average Listing Price of $170,894, Median Listing Price of $167,900

WEST BATON ROUGE PARISH


SOLDS:

1 for $179,700 or $127/sf, Median Sales Price $179,700, Average Days On Market 267.

LISTINGS:
Currently Actives Total: 109 $196,436 Average Listing Price and Median Price $186,300.
Currently Pending: 21 $186,897 Average Listing Price and Median Price $185,900.
New Listings: 3 Average Listing Price of $204,900, Median Listing Price of $134,900
Pending Listings: 2 Average Listing Price of $175,900, Median Listing Price of $175,900
Withdrawn Listings: 1 Average Listing Price $49,900, Median Listing Price of $49,900
Expired Listings: 1 With Average Listing Price of $195,000, Median Listing Price of $195,000

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of April, 16, 2011 to April 22, 2011. This information was extracted on 04/23/2011.

Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.
Bill’s company, Accurate Valuations 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, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/

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http://www.batonrougerealestatetrends.net/ – East Baton Rouge Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Report. Report shows minor 1% decrease in number of home sales over 2010 and significant declines in Average Sales Prices overall. Report includes ALL housing types in East Baton Rouge Parish.

Accurate Valuations Group (Home Appraisals) has completed an analysis of the East Baton Rouge Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below. Click the chart to view in a larger size.

East Baton Rouge Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Accurate Valuations Group

This is a lot of data to report on in one (1) article with “20″ zip codes. A short summary follows:

Number of Home Sales Decreased by 1% Over 2010! For the number of home sales, only 9 zip codes reported a smaller number of sales. And, Ten (10) Zip Codes experienced more sales in Q1 2011 than in Q1 2010, which is great news for our market. Still, in Q1 2010 there were 738 home sales versus 714 in Q1 2011, which is a difference of 24 sales or -1%.

Average Sales Prices Overall Decline! This is consistent with the CoreLogic report on national home prices falling for the 7th straight month, as reported on Thursday, April 7, 2011. Thirteen (13) of the 20 Zip Codes showed declining average sales prices versus only Seven (7) showing increases. Local home prices are continuing to correct.

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Average Sales Price Per Square Foot Overall Declines! This is consistent with the CoreLogic report. Fifteen (15) of the 20 Zip Codes showed declining average sales prices per sq. ft. versus only Seven (5) showing either no change or just slight increases.

Biggest Gainers. Zip Code 70807, the Scotlandville market, showed a 450% increase in number of home sales. Zip Code 70739, the Central or Greenwell Springs market, showed a +16.2% increase in Average Sales Prices AND +5.6% in Average Sales Price Per Sq. Ft.. Central is a “hot” market viewed by locals as having a favorable school district.

Largest Declines. Zip Code 70820, the market below LSU off Brightside, showed a -35.3% decrease in number of home sales. Zip Code 70802, the market in and around Central Business District, showed a -33.4% decline in Average Sales Prices AND -30.2% decline in Average Sales Price Per Sq. Ft..

Visit Baton Rouge Real Estate Buzz Here

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Visit Baton Rouge Real Estate Buzz On Facebook

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Author’s Bio:
Bill Cobb Appraiser Baton RougeBill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

AVGCameraLogo100Bill’s company, Accurate Valuations 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, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/

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http://www.videosofbatonrougerealestate.com/ – VIDEO: Baton Rouge Executive Home For Sale 19850 Southern Hills Baton Rouge LA 70809

Full listing details, see: http://www.brhomelistings.com/Listing/View.aspx?id=407

19850-Southern-Hills-Ave-Aerial-Map-Baton-Rouge

 

 

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http://www.zacharylouisianarealestate.info/ – Zachary Louisiana Real Estate Home Appraisers: MD Express Urgent Care Facilities Photos Posted

Accurate Valuations Group Home Appraiser, Bill Cobb, took these photos late last Summer of 2010 of the new MD Express Urgent Care facilities in Zachary La located at 4242 Highway 19, Building 3 Ste B Zachary LA 70791.

MD Express Urgent Care, 225-654-0774
Locals Can Also Connect With MD Express Urgent Care on Facebook!

 

Zachary La MD Express Urgent Care Facilities 2010 (4)

According to their website,

“MD Express Urgent Care is the delivery of ambulatory care in a facility dedicated to the delivery of medical care outside of a hospital emergency department. Urgent care centers are primarily used to treat patients who have an injury or illness that requires immediate care, but is not serious enough to warrant a visit to an emergency room. Urgent care centers are open for walk-in patients at all times when open for patients, offer on-site x-ray facilities, and care for most simple fractures and lacerations. An urgent care condition could be a sprain, sore throat or rising temperature. Urgent care centers also offer some services that are generally not available in primary care physician offices, for example: X-Ray facilities allow for treatment of minor fractures and foreign bodies, such as nail gun injuries. Minor trauma rooms allow also allow for repair of minor and moderate-severity lacerations in an urgent care center.

MD Express Urgent Care center provide significant savings to patients and insurers over the alternative of hospital emergency departments for episodic care that cannot be delayed until an appointment at a physician office is available. In addition, their scope of treatment is more extensive than retail clinics (in-store clinics located in retail centers such as a drugstore) making the need for transfer to a higher-level facility more unlikely.

MD Express Urgent Care does not replace your primary care physician. An urgent care center is a convenient option when someone’s regular physician is on vacation or unable to offer a timely appointment. Or, when illness strikes outside of regular office hours, urgent care offers an alternative to waiting for hours in a hospital Emergency Room.”

Zachary La MD Express Urgent Care Facilities 2010 (2)

Zachary La MD Express Urgent Care Facilities 2010 (3)

Zachary La MD Express Urgent Care Facilities 2010 (1)

 

 

 

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http://www.zacharylouisianarealestate.info/ – Zachary Louisiana Home Appraisers: Early Learning Center Photos Posted

The Early Learning Center, located on the Rollins Road extension, is the school for the district’s pre-kindergarten students.

Zachary La School System Early Learning Center (2)

 

Zachary La School System Early Learning Center (1)

 

Zachary La School System Early Learning Center (3)

 

Zachary La School System Early Learning Center (4)

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http://www.zacharylouisianarealestate.info/ – Baker Louisiana’s New Fire Department Photos

Photos of the new Baker Fire Department, Office of Emergency Preparedness & Homeland Security Buildings. Buildings dedicated to Avon R. Honey, La State Representative District 63 from 2002-2010 for his dedication and commitment to the Baker Fire Department and City of Baker

Baker Louisianas New Fire Department 2010 (1)

 

Baker Louisianas New Fire Department 2010 (4)

 

Baker Louisianas New Fire Department 2010 (3)

 

Baker Louisianas New Fire Department 2010 (2)

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http://www.homeappraisalsbatonrouge.com/ – Does a garbage disposal have to work for a Greater Baton Rouge FHA loan?

Garbage DisposalAs a State Certified Home Appraiser in Louisiana and FHA/HUD approved appraiser since 1996, I can validate that FHA Home Loans have strict requirements of operational mechanical systems placed upon the home appraiser to inspect and verify. While home appraisers aren’t necessarily “home inspectors”, FHA home appraisers are required to verify that mechanical systems are functioning properly and that they would appear to have a reasonable life left.

fha-home-300x188HUD or FHA Home Appraisers are expected to be well versed on 2 major manual plus keeping up the “Mortgagee Letters” that offer amendments and updates to HUD policy. In fact, the statement many lenders want placed in reports is, “Condition: Overall Condition is: Average. No major repairs or functional inadequacies. MEETS FHA/RD MINIMUM STANDARDS for existing dwellings as outlined in HUD Handbooks 4150.2 and 4905.1 Requirements and all applicable Mortgage Letters). SFR Dwelling was determined to be decent, safe and sanitary. Subject is connected to public or community sewer. Mechanical Systems were on and operational. Attic was inspected and appears to individually meet FHA requirements.” No, the lenders don’t tell us to use “Average” but to state a condition rating. And, FMHA or Rural Development and VA loans also have these same requirements as well.

CorrodedGarbageDisposalWikimediaCommons-300x225So, can a inoperable garbage disposal hold up an FHA loan closing until repaired? There are four (4) national HUD HOC’s or Homeownership Centers in the U.S.. For Louisiana, the HUD HOC is located in Denver, CO. I called the Denver HOC Appraiser Tech Support Department at 1-800-543-9378 for a verifiable answer to this question. I spoke with “Gary” and he said that NO, the inoperable garbage disposal WILL NOT HOLD UP A CLOSING because FHA doesn’t require appliances to be installed in homes. Gary said that includes Range/Ovens, Dishwashers or Garbage Disposals. Gary said that this is a “condition” issue and that FHA appraisers should apply deductions to the subject property if the comps used have appliances and superior functioning appliances.

BEFORE YOU BUY THAT HOME, GET A HOME INSPECTION!

In the early 2000′s with FHA’s introduction of the HUD Form “HUD-92564-CN” For Your Protection: Get A Home Inspection, FHA made the distinction between the home appraiser and the home inspector and strongly recommended home buyers obtain a home inspection. This appraiser also recommends you obtain a home inspection as well to know the true condition of mechanical system and a more accurate remaining economic life. Home appraisers are fairly limited on their knowledge of such systems but home inspectors are trained to know these systems and know them very well.

 

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Just remember that if you as a home buyer receive notice that there are FHA mandated repairs on the home being purchased, know that this is for your benefit and that generally the seller will be required to repair these items prior to closing.

Bill Cobb Appraiser Baton RougeBill Cobb, with Accurate Valuations Group, is a long time FHA Home Appraiser within the Greater Baton Rouge housing market. Bill can be contacted at 225-293-1500 or info@accuratevg.com .

 

First Garbage Disposal Source Photo: http://www.thehandyblog.com/disposal.php

Second Garbage Disposal Source Photo: http://appliancefactory.com/

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HDR Effects: Adding that “Thomas Kinkade Look” To Your Baton Rouge Agent Home Listing Photos!

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Check out my Active Rain post where this is covered in detail: Adding that “Thomas Kinkade Look” To Your Baton Rouge Agent Home Listing Photos

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http://www.zacharylouisianarealestate.info/ – Appraisers In Zachary Louisiana 70791: Lake Pointe Subdivision 2010 Update. There’s ups and downs to report for this higher end market!

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Entrance Image Source: http://lakepointezachary.com/

1836 Lake Pointe Ave

Solds In Lake Pointe from 1/2010 to 12/03/2010 revealed:
Average Sales Price: $271,400 ($257,700 in 2009 =’s +$5.3%)
Average Sold Price Sq. Ft.: $121/sf ($117.44/sf in 2009 =’s +3%)
Median Sold Price: $252,000 ($265,000 in 2009 =’s -4.9% Decline)
Number of Sales: 5 (5 in 2009)
Average Number of Days On Market: 158 (129 in 2009)
Low To High: $236,000 to $360,000 ($204,000 to $330,000 in 2009)
Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 1, 0 Are Foreclosures
Current Listings Prices: $279,900

1684 Lake Pointe Avenue

WHY WE RELY ON MEDIAN SALES PRICE VERSUS AVERAGE SALES PRICE?

Median Sales Price is the barometer by which the National Association of Realtors utilizes to report on national housing markets. Average Sales Price tends to take all of the home sales prices from the lowest, say $50,000, to the highest, say $1,000,000, and state the average of them all, sometimes skewing the numbers because of the extreme highs and lows. Median Sales Price tends to focus more on the middle of where the bulk of home sales prices are taking place. Generally, the Average Sales Price is going to be higher because it includes the extreme high sales prices in a given market. Fannie Mae understands the problem with using Average Sales Price and now demands home appraisers perform the 1004MC or Market Conditions form based on narrower “sub-market” parameters for comp search. This means that on a 2,000sf home, appraisers would be searching for comps with say 200sf below and above 2,000sf, say 1,800sf up to 2,200sf with similar ages and other similar characteristics.

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NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to December 3, 2010. This information was extracted on 12/03/2010.

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Baton Rouge R.E. 12/2010 Update!
March 2011 R.E. Update
NAR’s Real Estate Radio Show
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