City of Walker LA named one of best places in Louisiana to raise a family

WALKER, LA (WAFB)- The City of Walker administration never signed up to be part of study, but last week Mayor Rick Ramsey was notified by email that they’d been named one of the top ten places in the state to raise a family.

Baton Rouge Real Estate News‘s insight:

City of Walker Louisiana named one of best places in Louisiana to raise a family

 

This is great news for the Western Livingston Parish Housing Market.

The criteria to qualify is quoted below and Walker certainly meet these qualifications

 

  1. Does the town have good public schools? We measured schools’ academic performance with ratings from GreatSchools. This non-profit compares a given school’s standardized test scores to the state average to obtain a rating on a 1 to 10 scale (10 representing the highest score). Higher ratings led to a higher overall score.
  2. Can you afford to live there? We looked at both median home values in each town and ongoing monthly home costs, including mortgage payments, real estate taxes, insurance costs, utilities, fuel and other bills. Lower costs led to a higher overall score.
  3. Is the town growing and prospering? We assessed a town’s economy by looking at median household income and income growth over the last decade. Higher income and greater growth led to a higher overall score.

 

MEDIAN SALES PRICE IN ARTICLE IS INCORRECT.  
However, the median sales price of $169,000 stated within the article is an error. According to GBRMLS Numbers from 01/01/2012 to 10/15/2013, there have been 372 Walker sales with a median sales price of only $151,450 and an average sold price of $161,057. So, these numbers are not even close to $169,000 and actual median sale price is $17,550 below the $169K.

 

THERE’S NOT A HUGE DEMAND FOR NEW HOMES IN WALKER LA!

Also, there really isn’t much new home construction within the Walker Housing Maket to “keep up with housing demand” as stated in the article. According to GBRMLS, there’s been 58 new home sales in 2013 and currently there’s only 19 listings of new homes.

 

Just setting the record straight.

Bill Cobb, Greater Baton Rouge’s Home Appraiser

 

NOTE: Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2012 to 10/15/2013, extracted on 10/15/2013.

See on livingston.wafb.com

Related Posts Plugin for WordPress, Blogger...