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 Foot $107/sf Average Listing To Sales Price Ratio: 100% (homes are selling for 100% of listing prices) Average Days On Market: 82 Days Average Home Size: 1,450sf 3 bedrooms, 2 baths Current Evangeline Trace Subdivision GBRMLS Listings: 35 Listings From $143,900 to $182,495 from $103/sf to $113/sf Average Listing Price $165,743 Average Listing Price Price Per Square Foot $105/sf Average Home Listing Has Been On The Market for 103 Days. NOTE: 1 Listing is an Active Listings and 34 Listings are Pending or Under Contract These are basically pre-sold listings input into MLS. Denham Springs Real Estate News: Five Sources Continue reading Evangeline Trace Denham Springs DSLD New Homes Development
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 sold for 2% less than listing price. by Bill Cobb Appraiser 225-293-1500 http://www.denhamspringsappraisers.com/ Denham Springs Home Appraisers YouTube Channel Greater Baton Rouge Real Estate Data Note: Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 06/01/2015 to 07/27/2016, extracted on 07/27/2016.
Livingston Parish Louisiana Home Sales Prices 2012 to 2015 YTD Published by Bill Cobb, Greater Baton Rouge’s Home Appraiser 225-293-1500 Denham Springs Louisiana Real Estate Updates YouTube Channel: https://www.youtube.com/user/denhamspringsapprsr http://www.slideshare.net/BatonRougeHousingReports/livingston-parish-home-sales-2012-to-2015-ytd
I wish every Baton Rouge Homeowner would read this: Owners tend to overvalue homes by about 8 percent, over improve their homes Bill Cobb Appraiser’s Bat Rouge Real Estate insight: I wish every Baton Rouge Homeowner would read this: Owners tend to overvalue homes by about 8 percent, over improve their homes – by noted columnist, Ken Harney: Owners tend to overvalue homes NOTE: As I always indicate, we live in America and as a homeowner, you can install any upgrade you desire to your home, whether that upgrade makes economic or logical sense or not (whether the upgrade is something a typical homeowner would add in your subdivision). The problem is when you expect the market or buyers to pay dollar-for-dollar for the money you spent adding these upgrades at the time of sale. I used the word “spent” versus “investment” because over improvements are not really “investments”. IF you’re going to live in your home FOREVER and not sell, then fix it up the way you that satisfies you. However, life happens, divorce happens, job layoffs happen, job injuries/disability can happen leaving you in a position to where you must sell. And, when you must sell, you’ll find Continue reading Baton Rouge Homeowners overvalue by 8 percent, over improve their homes
Source: www.wafb.com Livingston Parish Roads At Crisis Level: Parish President To Repair ONLY 40 roads starting soon. Livingston Parish Government doesn’t realize condition of roads impacts home values! Livingston Parish is basically a “Poor Parish” and from 1992 to 2006, approved too many new homes subdivisions with roads that now need repaving, not just patching. Livingston Parish roads are beginning to haunt Livingston Parish government and those looking to move there better wake up and do their own research FIRST. When I appraise homes in that South Point subdivision, WOW, what an embarrassment and it’s all over the news. ONLY 40 Roads repaved isn’t going to make a dent on all these new subdivisions approved from 1992 to 2006 that need new roads NOW. In South Point, ONLY the main South Point Drive is scheduled to be resurfaced. Other roads that resemble roads in third world countries are on the 3 year waiting list, which is totally unacceptable to area residents. And, if Livingston Parish is going to approve any new subdivisions, they’ve GOT TO have the $ to fix the roads first. See: http://www.wafb.com/clip/11151856/livingston-parish-president-residents-should-see-progress-on-road-repairs-soon
When choosing a buyer agent to help you purchase a home, there are things to look OUT for, and things to look for. Today, we’ll talk about the former. The job of a buyer agent encompasses many tasks, and when done correctly is not easy. Being a good buyer agent means keeping abreast of the market, constantly searching for possible homes, thoroughly researching those possibilities, evaluating them for you and with you, negotiating the contract, coordinating inspections, and much more. It is a very detailed job and a huge responsibility. Source: askgreganddanielle.com Buyer Agents: What are they and what to look out for | Ask Greg and Danielle Bunch Livingston Parish
Will Waton Gravel Pit Lower Oak Hills Subdivision Denham Springs Home Values? Will Oak Hills Subdivision Watson Denham Springs 70706 home values decline because of this proposed gravel pit? “Only time and future home sales can answer this question and it’s far too early to make a judgment.” – Bill Cobb, Greater Baton Rouge’s Home Appraiser NOTE: I’ve received questions from 1 Oak Hills homeowners and 2 local REALTORS® about this situation. This is not the first time I’ve shared thoughts on this topic both privately or publicly. The first time was just after announcement July 22 when a concerned REALTOR® called to inquire. I am not publishing this to draw light to this issue rather to try to answer the obvious in this matter – the questions Oak Hills homeowners hold. I just received a phone call from a Local Agent about this topic for a purchase in Oak Hills. The answer is: Whatever influences are going on in a market, positive or negative, is already priced into that market. This being a new situation, it will take time and future Oak Hills home sales to determine “IF” this gravel pit so close will negatively impact home values. See Continue reading Will Waton Gravel Pit Lower Oak Hills Subdivision Denham Springs Home Values?
Livingston Parish Home Sales Trends February 2013 versus February 2014 Livingston Parish Median Sold Price by Month Feb-2013 vs Feb-2014: The median sold price is down -1% Livingston Parish Sold Properties by Month Feb-2013 vs Feb-2014: The number of Sold properties is up 22% Livingston Parish Home Sales February 2013 versus February 2014 from Bill Cobb Livingston Parish Average Days on Market by Month Feb-2013 vs Feb-2014: The average days on market is up 27% Livingston Parish Months Supply of Inventory Feb-2013 vs Feb-2014: The average months supply of inventory is down -7% Under Contract Properties by Month Feb-2013 vs Feb-2014: The number of Under Contract properties is up 11% New Properties by Month Feb-2013 vs Feb-2014: The number of New properties is up 8% For Sale Properties by Month Feb-2013 vs Feb-2014: The number of For Sale properties is up 4% Expired Properties by Month Feb-2013 vs Feb-2014: The number of Expired properties is up 2% Median For Sale vs Median Sold Feb-2013 vs Feb-2014: The median price of for sale properties has not changed and the median price of sold properties is down -1% Supply & Demand by Month Feb-2013 vs Feb-2014: The Continue reading Livingston Parish Home Sales February 2013 versus February 2014
Baton Rouge Real Estate News‘s insight: Darren James – Denham Springs, LA Realtor: Seller’s Market: Take Advantage of Less Time Spend on the Market and Low Interest Rates! “The current market in Denham Springs is phenomenal. In 2013, our team sold 419 homes with a majority of them being listings. The pendulum of the market is swinging back in favor of the sellers….. Read More and Watch Darren’s Video Update : http://www.djree.tv/2014/02/denham-springs-real-estate-market-update.html See on www.djree.tv