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 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

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 Sales Price Ratio means the average home sold for 1% less than listing price.         Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 02/01/2016 to 02/02/2017, extracted on 02/02/2017.

Acadiana Place Subdivision Denham Springs Home 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 Per Sq. Ft.: $118/sf Average Sold Price: $179,000 Average Sold Price Per Sq. Ft.: $116/sf Homes Sold From $88/sf to $135/sf Average SP/LP% 99% Average Days On Market: 9 Days Average Home Is 3 Bedrooms, 2 Baths, 1,538sf The “Average SP/LP% 99%” or Listing To Sales Price Ratio means the average home sold for 1% less than listing price. I lik this modification above, a screened carport to enjoy the yard more. Trying to sell a flooded-renovated home? 225-293-1500   Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 02/01/2016 to 02/02/2017, extracted on 02/02/2017.

Lakes at Belle Terre Denham Springs Watson Home Sales Trends 2016

Bill Cobb Denham Springs Appraiser was recently studying homes sales within The Lakes At Belle Terre Subdivision 70706 and discovered these housing trends.   June 2015 to June 2016 Lakes at Belle Terre Home Sales Trends Nine Sales from $192,000 to $231,900 Median Sales Price $214,900 Median Sold Price Per Sq. Ft.:$111/sf Average Sold Price: $211,017 Average Sold Price Per Sq. Ft.:$113/sf Homes Sold From $104/sf to $122/sf Average SP/LP% 99% Average Days On Market: 79 Days Average Home Is 3 Bedrooms, 2 Baths, 1,882sf The “Average SP/LP% 99%” or Listing To Sales Price Ratio means the average home sold for 1% less than listing price.   by Bill Cobb Appraiser 225-293-1500http://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 06/02/2016, extracted on 06/27/2016

Crestwood Denham Springs Home Sales Update 2015-2016

Bill Cobb Appraiser recently performed a Denham Springs home appraisal in Crestwood Subdivision and discovered these housing trends.   May 2015 to May 2016 Home Sales Trends 15 Sales from $105,000 to $146,000 Median Sales Price $137,500 Median Sold Price Per Sq. Ft.:$110/sf Average Sold Price: $133,653 Average Sold Price Per Sq. Ft.:$109/sf Homes Sold From $83/sf to $119/sf Average SP/LP% 98% Average Days On Market: 52 Days Average Home In Subdivision Is: 1,233 sq. ft. 3 bedrooms, 2 bathrooms The “Average SP/LP% 98%” or Listing To Sales Price Ratio means the average home 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 05/01/2015 to 05/21/2016, extracted on 05/21/2016.

Paradise Lakes Subdivision Denham Springs Home Sales Update 2015-2016

Paradise Lakes Subdivision Home Sales located in Denham Springs Within Paradise Lakes, there’s only been 1 sale to report on since January 1, 2015 for $242,500 or $109.68/sf being 7381 Lake Meadow Drive with 2,211sf 7/3/2.5. This must have been a very motivated seller because I appraised this home in the past and know it was higher than average quality plus had a $30,000 workshop in backyard with matching architectural style. Photo of this home is below. Paradise Lakes Homes Collage is below.   Below, I’m sharing the GBRMLS home sales trends charts for Paradise Lakes as a historical view.       by Bill Cobb Appraiser 225-293-1500 http://www.denhamspringsappraisers.com/ Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2015 to 06/01/2016, extracted on 06/01/2016

Lakes At Belle Terre Home Sales 2015 Denham Springs Watson

Lakes At Belle Terre Home Sales 2015 Denham Springs Watson   The Lakes At Belle Terre 2015 Home Sales TrendsThirteen Sales from $177,500 to $274,500 Median Sales Price $203,000 Average Sold Price: $206,419 Average Sold Price:$110/sf Homes Sold From $101/sf to $116/sf Average SP/LP% 96% Average Days On Market: 99 Days Average Home Size: 1,873sf The “Average SP/LP% 96%” or Listing To Sales Price Ratio means the average home sale sold for 4% less than listing price.   The Lakes At Belle Terre Current GBRAR Listings: Five Lisitngs from $195,000 to $231,900 Median Listing Price $216,900 Average Listing Price: $214,140 Average Sold Price:$115/sf, from $104/sf to $124/sf Average Days On Market: 59 Days Average Home Size: 1,871sf Of the 5 listings, 2 are under contract and 3 are active listings. Report by Bill Cobb Appraiser 225-293-1500 Denham Springs Home Appraiser Bill Cobb http://www.batonrougeappraisers.com Based on information from Greater Baton Rouge Association of REALTORS®\MLS for period 01/01/2015 to 12/31/2015, extracted on 1/24/2016

Live Oak Landing Subdivision Denham Springs Watson Home

Live Oak Landing Subdivision Denham Springs Watson Home Prices Update Sourced through Scoop.it from: activerain.com Live Oak Landing Subdivision Denham Springs Watson Home Prices Update 2014 to 2015 Read more: http://activerain.com/blogsview/4790381/live-oak-landing-subdivision-denham-springs-watson-home-prices-update?  

Magnolia Farms Denham Springs Watson Subdivision Info 2015

Magnolia Farms Denham Springs Watson Subdivision Info 2015 Sourced through Scoop.it from: activerain.com Magnolia Farms Denham Springs Watson Subdivision Info 2015  Location is in City of Denham Springs or northern Denham Springs Watson section 70706 and believed to be inside favorable Live Oak School District. Magnolia Farms was developed in 2015 with approximately 94 smaller garden home lot sizes, average size lot 50 x 135. Home sizes appear to range from 1408sf to 1654sf, average 1,459sf. The following is my report on the home sales trends that took place and the prices paid for these homes from September 2015 to November 20, 2015 Year-To-Date. For Denham Springs historically, these are higher than normal priced new homes.  However, construction cost are up and some buyers are buying and some are hesitant because of high pricing based on 8 active listings and only 1 pending listing after an average days of listings 137 days.  Read more: http://activerain.com/blogsview/4786327/magnolia-farms-denham-springs-watson-subdivision-info-2015 

Oak Hills Estates Subdivision Denham Springs Home Sales 2005 to 2015 …

Oak Hills Subdivision Watson Louisiana 70706

Oak Hills Estates Subdivision Denham Springs Home Sales 2005 to 2015 YTD 70706 Source: www.slideshare.net Oak Hills Estates Subdivision Denham Springs Home Sales 2005 to 03/20/2015 YTD 70706 – 6 Charts Does not include DR Horton Section of lower priced smaller newer homes.  http://www.slideshare.net/BatonRougeHousingReports/oak-hills-estates-subdivision-denham-springs-home-sales-2005-to-2015-ytd-70706

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