Baton Rouge, LA Real Estate News

By Ann Dail, Broker/Realtor,CRS, ePRO, SRS, B.A.Chem
(Baton Rouge Area Homes, Louisiana, USA, 225-761-0551)
Why Interest Rates are Improtant to Sellers, and Why They Shouldn't Wail Until Spring to List.This time of the year I am asked if Sellers's should wait until spring to list thier home.  Or,  I am asked what is the best time to list my home.  The facts are that homes sell every month of the year, including winter and the holidays.   Some of my most productive months have been November thru February.  Here I would like to summarize 3 reasons why sellers shouldn't wait to list their Baton Rouge Homes. 1..  Interest Rates Are Important to Sellers.  Most experts agree they will rise in 2016 and 2017.   This is extremely important  not only to buyers but also to sellers and here is why:  As interest rates rise, buyers fall out of being able to afford a home they proviously qualified to buy.  ...
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By Michelle Knobloch, Unlocking Dreams One Door At A Time
(Keller Williams Realty)
Open House Eflyer for 1041 Cyril Avenue, Baton Rouge, LA - presented by Capital Homes Specialists   Open House   December 13, Sunday 2:00 PM - 4:00 PM   Address   1041 Cyril Avenue, Baton Rouge, LA   Click for Directions!     View Property Website for more information, pictures, current price, maps, schools and more!   $269,000 | 3 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 1784 SQUARE FEET   1041 Cyril Ave is a house in Baton Rouge, LA 70806. Open this Sunday 2-4pm!  New Price of 269k.  What a rare find and sitting on an 1 acre lot.  The house can be customized and updated or someone can build a whole new property.   The Land is valued at current price alone which gives so many possibilities to have with this great property.  What a wonderful opportunity with so much potential.  It is ...
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Broadmoor-Sherwood Forest | Baton Rouge Neighborhood If you are looking to relocate to a Baton Rouge Neighborhood, Broadmoore-Sherwood Forest Neighborhood of Baton Rouge is a must see. This enchanting neighborhood in the suburb of Baton Rouge features homes with ranch styled architecture, mature trees and healthy green lawns. Many of the residents take good care of their homes and have kept up with the modern open floor plan and have added sun rooms.If you are a Baton Rouge resident and want to know how much your Baton Rouge home is worth, contact Sabrina Didier at 225-773-2352.Search homes for sale in Baton Rouge by clicking here.There are many options for those interested in living in this neighborhood. Some of the smaller and less expensive options are the beautiful townhomes located...
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15012 Woodlore Dr, BR 70816 | Baton Rouge House For SaleThis amazing new Baton Rouge house for sale located at Woodlore Drive has 3 bedrooms and 2 full bathrooms. This home is listed at $157,000 and is measured at 1,557 square feet, making the listing price $101 per square foot. This home was built in 1989 and has recently been remodeled to fit a more modern style. This new Baton Rouge real estate listing is a single story home and features a patio area in the front of the home.If you are a Baton Rouge resident and want to know how much your Baton Rouge home is worth, contact Sabrina Didier at 225-773-2352.Search homes for sale in Baton Rouge by clicking here.This move in ready home in Baton Rouge, LA 70816 is priced to sell. Baton Rouge real estate agent Sabrina Didier is the listing a...
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Must See Baton Rouge NeighborhoodsSearch homes for sale in Baton Rouge by clicking here.Baton Rouge, Louisiana is the second largest city in the state of Louisiana and located just east of the Mississippi River. This capital city has a richhistory, which has been influenced by several different countries including France, Britain, and Spain who took ownership of the area before the United States made Louisiana a territory.Aside from being a major cultural center, Baton Rouge is a key port and in the top 10 United States ports in terms of the amount of goods imported and exported. It is also a major industrial center, home to many top research facilities, has a booming technology industry, with a booming oil industry as it has the 2nd largest oil refinery in the country, and a growing me...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Shenandoah Estates Baton Rouge Home Prices Up In 2015, at least 3.4 percent year to date based on sold price per square foot.Shenandoah Estates Baton Rouge 2015 Home Prices chart below:Average Sales Price in 2015 has been $205,319, median sales price $208,000, average sales price $92/sf for the average home size of 2,259sf. That's a $3.00 per square foot jump from 2014 or 3.4% increase Year To Date as of 12/03/2015. And, this is based on 82 sales, which indicates a solid up trend. Average days it took to sell a home was 78 days with homes selling from 1 to 310 days on the market. Homes generally sold for 97 percent of listing price or a 3 percent discount off listing price.PDF states the GBRAR MLS data use disclaimer.Data Used With Permission of Greater Baton Rouge Association of REALTO...
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By Carol Poche, Jeffrey Welsh & Carol Poche'
(Keller Williams Realty)
U Club Special! Located in a quiet cul-de-sac in popular University Club is this immaculate 4 bedroom/3 bath home. The spacious foyer opens onto a large formal dining room with gleaming wood floors and plantation shutters. The kitchen, anchored with a large island with gas cooktop and granite countertops, contains a beautiful custom cabinet wall providing an abundance of storage. Brick pavers bring warmth to the kitchen which opens onto a large keeping area through a stunning brick arched entry. Enjoy the gas log fireplace in the keeping room on these chilly evenings. A side entry into the keeping area welcomes guests. The laundry room is spacious as well, and offers more cabinetry for storage. Behind the keeping room is a guest bath and bedroom, perfect for out-of-towners to enjoy priv...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
I recently completed a Baton Rouge Divorce Home Appraisal in Oak Hills Place Subdivision in the hottest zip code in Baton Rouge - 70810. Oak Hills Place was developed in approximately the 1960s. Home sizes range from 1821sf to 4986sf, average 2667sf. The following is my report on the home sales trends from September 2014 to November 2015 Year-To-Date.Oak Hills Place Subdivision Baton Rouge 70810 Home Sales Update 09/2014 to 11/2015 YTD:Eight (8) Oak Hills Place Home Sales From $210,500 to $619,000Median Sales Price $350,000Average Sales Price: $354,562Median Sold Price Per Sq. Ft.: $118/sfAverage Sold Price Per Sq. Ft.:$122/sf, $72/sf to $192/sfAverage Sales Price To Listing Price Ratio: 95%Average Days On Market: 76 Days.Average Size Home: 2,909 sq. ft.NOTE: Average Listing To Sales Pr...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Why Baton Rouge REALTORS® Suggest Listing Price Home AppraisalsPublished Originally on my Greater Baton Rouge Pre-Listing Appraisals Website "Pre-Listing Articles": http://www.gbrprelistingappraisals.com/pre-listing-appraisal-articles/ REALTORS® and Agents are professionals who are trained to sell homes and understand what buyers want in a home and community. Sellers usually do not have such training and understanding, nor the data sources from which they can research information in order to have logical or realistic opinions about the true value of their home and/or what it will take to sell their home. Agents often engage a local Baton Rouge Home Appraiser, as a non-biased third party, to help in the listing process to facilitate a greater understanding for the seller.1.) Seller’s unr...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
I recently completed a Baton Rouge Pre-Listing Home Appraisal in Baton Rouge's Executive Luxury Subdivision, University Club Plantation. The following is my report on the existing home sales trends from January 2015 to November 28, 2015.  Why the focus on just existing home sales?  Because the home I'm appraising is approximately 10 years old now and the contrast between new home sold prices and existing home prices is of no comparison.  The average sales price per sq. ft. of existing homes in 2015 was $166 vs. $186/sf for new construction.  Why the focus on median sales price?  Because median sales price tends to focus on what's most common or most accurate, discounting the outliers of the generally abnormal $385,000 and $1,100,000 sales. Pinterest Board: University Club Plantation Bat...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
USDA or Rural Development Home Appraisal Requirement follow the most current FHA appraisal requirements. In 2015, FHA increased appraisal standards and requirements for a house to qualify for FHA financing. Assuming the house actually meets each of these standards below, these are the new comments I've added to my Baton Rouge USDA Home Appraisal Reports  As with any home purchase, new house or existing house, I highly recommend a thorough home inspection!USDA INTENDED USE and INTENDED USER“The intended use of the appraisal is solely to assist USDA in assessing the risk of the Property securing the USDA-insured Mortgage. USDA and Mortgagee are intended users of the appraisal report. The USDA Appraiser does not guarantee that property is free from defects. The appraisal establishes the va...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Fannie Mae CU or Collateral Underwriter can be frustrating to Home Appraisers when their computer models try to second guess Appraiser's judgment. Now computer models tell Appraisers the comps they should use instead of Appraiser JudgmentFor example, this past week, I performed a foreclosure purchase on a home obviously needing some repairs and on the market for a much longer than average 275 days in two (2) REO listings.  It sold between $25,000 to $30,000 below market...for a reason.  After submitting the report, I received the following revision request: "The appraiser-provided comparables are materially different than the model selected comparables."  What this means a computer selected the comparables sales I should have used not even understanding this is a foreclosure, the condit...
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6686 St. Mary ave, Baton Rouge 70811 | Baton Rouge real estate listingsThis amazing 3 bedroom 2 bathroom home in Baton Rouge, LA was listed in early November. In addition to the 3 bedrooms, there is also a bonus room with a brick fireplace. This room has large windows overlooking the green back yard of this Baton Rouge real estate listing. The front and backyard of this home displays beautiful mature trees which provide shade to the home during the warm summer months.If you are a Baton Rouge resident and want to know how much your Baton Rouge home is worth, contact Sabrina Didier at 225-773-2352.This home is priced at $150,000 and measures 2,529 square feet. The listing price per square foot is just under $60 per square foot which is an incredible deal. Located in the Brownsfield neighb...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
I recently completed a pre-foreclosure home purchase appraisal in Greenwell Forest Subdivision Baton Rouge 70814. Greenwell Forest was developed in approximately the 1950s. Home sizes range from 1207sf to 2952sf, average 1690sf. The following is my report on the home sales trends that took place and the prices paid for these homes from November 2014 to November 2015 Year-To-Date.Greenwell Forest Subdivision Baton Rouge 70814 Home Sales Update 2014 to 11/2015 YTD:7 Home Sales From $55,000 to $160,000Median Sales Price $125,000Average Sold Price Per Sq. Ft.:$58/sfAverage Sales Price To Listing Price Ratio: 94%Average Days On Market: 136 Days.NOTE: Average Listing To Sales Price Ratio of 94% means homes are generally selling for 6% less than listing price, so don't be hesitant to offer les...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
I recently completed a home purchase appraisal in Sherwood Forest Subdivision Baton Rouge. Baton Rouge, population 228K (Greater B.R. 804K). Since mid 1990s, BR has experienced rapid residential and commercial development. Location is convenient to schools, employment and shopping. Sherwood Forest was developed in 1960s-1970s and is in maturity phase of Neighborhood Lifecycle. Homes range from 1254sf to 7073sf, average 2200sf to 2400sf. The following is my report on the home sales trends that took place and the prices paid for these homes from September 2014 to November 2015 Year-To-Date.Sherwood Forest Is Still Struggling and NOT a Subdivision you should be paying $300,000+ WithinSherwood Forest Baton Rouge Distressed PropertiesSherwood Forest is STILL as Struggling Market with some Sh...
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Santa Maria | Baton Rouge CommunitiesSanta Maria is a Master planned community of Baton Rouge. This master planned community was developed after the Santa Maria Golf Course was already in operation. The residents of this community which consists of several neighborhoods, enjoy quick access to one of the best 18 hole golf courses in Baton Rouge and are a part of one of the best golf course communities in Baton Rouge.Want to know a few things to do for locals in Baton Rouge? Click here to read more.Homes in Santa Maria are beautifully constructed traditional Louisiana style homes with a modern twist and all the modern amenities. If you're lucky you can find these homes for sale in the mid $300,000's, but prices can get over a million dollars as there are many estate like homes in this com...
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Preserve at Harveston | Baton Rouge NeighborhoodsThe preserve at Harveston is nothing short of magical. Imagine living in a neighborhood bordering a live oak and forest preserve. In Baton Rouge, LA, this dream could become a reality at the preserve at Harveston. Located bordering a 15 acre preserve known as Preserve Park, residents have access to beautifully green trees, the wild life who enjoy living in the preserve, and much more. There is a trail system in the preserve for biking, running, or walking the trails and enjoying the sounds and scenery of nature that this preserve provides.Would you like a FREE HOME EVALUATION? Contact expert real estate agent Sabrina Didier at 225-773-2352!Residents of this neighborhood enjoy a community pool, outside lounge area, BBQ, and Jacuzzi. There...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
I recently completed a home equity appraisal in Inniswold Estates Subdivision in City of Baton Rouge Suburb. Inniswold Estates was developed in approximately the 1940s to 1960s with a mix of older and newer homes. GBRMLS search shows the two oldest ages recorded in listings was 1944 and 1945. Buying tear downs of old home appears to build new homes to be a trend due to location, location, location. Home sizes range from 1,070sf to 5,684sf, average 1,826sf. The following is my report on the home sales trends that took place and the prices paid for these homes from June 2014 to November 2015 Year-To-Date.Inniswold Subdivision Home Sales Update Baton Rouge 06/2014 to 11/18/2015:Eight (8) Sales From $160,000 to $1,150,000Median Sales Price $295,000Median Sold Price Per Sq. Ft.: $121/sfAvera...
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University Club Plantation | Baton Rouge LAUniversity Club Plantation is a master planned community in Baton Rouge, LA. This master plan features 6 villages surrounding a 22 hole, beautifully landscaped golf course. This is the choice golf course for locals who love to golf and LSU Fans. The golf course was actually designed by 2 LSU graduates on an old plantation's grounds. If you're looking to move to Baton Rouge and be located in a golf course community, University Club Plantations of Baton Rouge, LA is the place to be.Would you like a FREE HOME EVALUATION? Contact expert real estate agent Sabrina Didier at 225-773-2352!Want to know a few things to do for locals in Baton Rouge? Click here to read more.Homes in this master planned community in Baton Rouge were built with the highest s...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Timing your Baton Rouge home sale for a relocation or transfer VideoIf you need to move and be relocated to say Atlanta Georgia by February 1st, when should you begin the home selling process?  Local Real Estate Broker, Darren James with Darren James Real Estate Experts, answers this question.  I'm sharing this video because I'm performing a Greater Baton Rouge Pre-Listing Appraisal where a home seller needs to relocate to another State in the Southeast and asked me this question.  I in turn asked a local expert who deals more with home selling than myself. Link: http://covideo.com/v/7Twk2oTdT0
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