South Point Denham Springs Flood Sales Update May 2017

South Point Subdivision Denham Springs Post Flood Home Sales Update as of May 26 2017 South Point is being helped tremendously by the Greater Baton Rouge area’s low inventory of homes for sale. Pre-flood, the larger homes in South Point were selling in the $160s to low $170s and the flooded renovated larger homes are selling in the $180s. Other Western Livingston Parish flood updates can be found here: http://www.denhamspringsappraisers.com/category/flood-study/ Yes, approximately 35 percent of South Point did flood during the “Great Flood” of August 12-15, 2016, see flood water level in the photo below with yellow arrow pointing to Continue reading South Point Denham Springs Flood Sales Update May 2017

Richmond Place Denham Springs Home Prices Increasing in 2017

Bill Cobb Appraiser has released a Richmond Place Subdivision Denham Springs Watson Home Sales Update 2016-2017, Prices Increasing in 2017 Are Watson home values higher after the flood? At least in Richmond Place where it did not flood and those subdivisions competing with Richmond Place style and quality homes, they are higher. With low inventory, the 1998sf Evangeline Meridian PCC plan is listed at $189,900 with 2 pendings. There’s sort of this debate on Facebook about whether home prices are up post flood. To some extent they are, but this isn’t the same run up as the post Katrina market Continue reading Richmond Place Denham Springs Home Prices Increasing in 2017

Crestwood Subdivision Waston Denham Springs home sales trends 2016

Crestwood Subdivision home sales trends are listed below as a result of Livingston Parish home sales research. As far as I know, Crestwood did not flood during the Great Flood of August 2016. Crestwood February 2016 to February 2017 Home Sales Trends 12 Sales from $110,000 to $156,000 Median Sales Price $138,500 Median Sold Price Per Sq. Ft.: $115/sf Average Sold Price: $135,975 Average Sold Price Per Sq. Ft.: $111/sf Homes Sold From $85/sf to $120/sf Average SP/LP% 99% Average Days On Market: 35 Days Average Home Is 3 Bedrooms, 2 Baths, 1,227sf The “Average SP/LP% 99%” or Listing To Continue reading Crestwood Subdivision Waston Denham Springs home sales trends 2016

Acadiana Place Denham Springs Flood Sales 2016

Denham Spring’s Watson’s Acadiana Place Subdivision home sales trends are listed below as a result of flooded home sales research. Yes, Acadiana Place experienced flooding during the August 2016 “Great Flood” and has recovered to some extent. I expect Acadiana Place to make a full recovery and home sales prices to be perhaps higher than pre-flood as long as FEMA does not drastically raise flood insurance premiums. These numbers below primarily took place before the flood.   Acadiana Place February 2016 to February 2017 Home Sales Trends 7 Sales from $130,000 to $211,000 Median Sales Price $181,000 Median Sold Price Continue reading Acadiana Place Denham Springs Flood Sales 2016

Juban Parc Denham Springs Home Sales Trends 2016

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Juban Parc Subdivision and discovered these housing trends.   2016 Juban Parc Home Sales Trends 20 Sales from $149,900 to $235,000 Median Sales Price $178,923 Average Sold Price: $185,627 Median Sold Price Per Sq. Ft.: $115/sf Average Sold Price Per Sq. Ft.: $115/sf Homes Sold From $109/sf to $120/sf Average SP/LP% 99% Average Days On Market: 54 Days Average Home In Subdivision Is: 1,610 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 99%” or Listing To Sales Price Ratio means the average home sale sold for 1% less Continue reading Juban Parc Denham Springs Home Sales Trends 2016

Evangeline Trace Denham Springs DSLD New Homes Development

Evangeline Trace Subdivision DSLD Homes in Denham Springs Livingston Parish Home Sales Update as of October 23 2016 I’m working on a Denham Springs Louisiana Home Appraisal on a new DSLD Homes, LLC Brightwater III A plan 1564 sq. ft. in Evaneline Trace Subdivision. This is Western Livingston Parish Real Estate market research. The following is a report on the home sales that took place and the prices paid for these homes. 2016 Year To Date Evangeline Trace Subdivision: 10 Sales From $142,900 to $169,170 Median Sales Price $155,512 Average Sold Price Price $154,337 Average Sold Price Price Per Square Continue reading Evangeline Trace Denham Springs DSLD New Homes Development

Plantation Estates Denham Springs Home Sales 2016

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Plantation Estates Subdivision and discovered these housing trends.   June 2015 to July 2016 Plantation Estates Home Sales Trends 11 Sales from $216,000 to $370,000 Median Sales Price $233,000 Average Sold Price: $251,945 Median Sold Price Per Sq. Ft.: $100/sf Average Sold Price Per Sq. Ft.: $102/sf Homes Sold From $76/sf to $119/sf Average SP/LP% 98% Average Days On Market: 45 Days Average Home In Subdivision Is: 2,540 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home sale Continue reading Plantation Estates Denham Springs Home Sales 2016

Richmond Place Subdivision Denham Springs Louisiana Home Sales Update 2016

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Richmond Place Subdivision and discovered these housing trends.   May 2015 to May 2016 Richmond Place Home Sales Trends 24 Sales from $108,661 to $193,900 Median Sales Price: $157,250 Median Sold Price Per Sq. Ft.: $91/sf Average Sold Price: $155,978 Average Sold Price Per Sq. Ft.: $89/sf Homes Sold From $69/sf to $104/sf Average SP/LP% 97% Average Days On Market: 80 Days Average Home In Subdivision Is: 1,767 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale Continue reading Richmond Place Subdivision Denham Springs Louisiana Home Sales Update 2016

Plantation Estates Subdivision Denham Springs Louisiana Home Sales Update

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Plantation Estates Subdivision and discovered these housing trends.   May 2015 to May 2016 Plantation Estates Home Sales Trends 14 Sales from $216,000 to $409,000 Median Sales Price $239,500 Median Sold Price Per Sq. Ft.:$100/sf Average Sold Price: $271,278 Average Sold Price Per Sq. Ft.:$101/sf Homes Sold From $76/sf to $119/sf Average SP/LP% 97% Average Days On Market: 75 Days Average Home In Subdivision Is: 2,747 sq. ft. 3 bedrooms, 3 bathrooms The “Average SP/LP% 97%” or Listing To Sales Price Ratio means the average home sale sold for Continue reading Plantation Estates Subdivision Denham Springs Louisiana Home Sales Update

Pecan Creek Subdivision Denham Springs Louisiana Home Sales Update

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Pecan Creek Subdivision and discovered these housing trends.   May 2015 to May 2016 Pecan Creek Home Sales Trends 5 Sales from $240,000 to $370,000 Median Sales Price $249,900 Median Sold Price Per Sq. Ft.:$109/sf Average Sold Price: $274,280 Average Sold Price Per Sq. Ft.:$108/sf Homes Sold From $84/sf to $123/sf Average SP/LP% 100% Average Days On Market: 42 Days Average Home In Subdivision Is: 2,570 sq. ft. 4 bedrooms, 2 bathrooms The “Average SP/LP% 100%” or Listing To Sales Price Ratio means the average home sale sold for Continue reading Pecan Creek Subdivision Denham Springs Louisiana Home Sales Update

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