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 either. In this example comparing median sales price of $164,000 to current $175,950, that’s an increase of 7.2%. HOWEVER, see the chart below showing in May 2015, median sales prices were at $175,000 meaning this increase into 2017 is a recovering market. Have ALL Watson homes increased 7.2% since 12 months ago? I don’t know as it wouldn’t be a fair comparison to compare non-flooded subdivisions with flooded subdivisions. Only time and recovery will determine where prices go from here…and there’s almost no flooded-repaired sales in MLS to know yet. Richmond Place Home Sales Trends 27 Sales Continue reading Richmond Place Denham Springs Home Prices Increasing in 2017
Denham Springs Home Appraisers Shadow Springs 2013 Market Report Denham Springs Home Appraiser, Bill Cobb, is providing this video blog update on Shadow Springs Subdivision 70726 GREATER BATON ROUGE REAL ESTATE DATA NOTE: The home sales numbers and home prices noted in this video are based on information from Greater Baton Rouge Association of REALTORS® \ MLS for period 06/01/2012 to 02/08/2014, extracted on 02/08/2014.
Denham Springs Home Appraisers Home Appraisers in Denham Springs recently posted an article about the most active residential subdivisions located in Western Livingston Parish for 2012. The title to this article is here: Denham Springs Home Appraiser: What Are Most Popular Selling Livingston Parish Subdivisions? Denham Springs House Appraisers appraises home in the most popular top 10 subdivisions such as Woodland Crossing, South Point, Lakes at Meadowbrook, Juban Parc, South Haven, Richmond Place, Pine Meadows, Shadow Springs, Oak Hills Estates and Creekside Estates.