Baton Rouge, LA Real Estate News

By Glenda Daughety, She Never Quits!
(RE/MAX First)
This East Baton Rouge community offers some good real estate dealsIn many cities, there are communities within the city that have their characters and attractions.  In East Baton Rouge, community character shines in the Beauregard Town Historic District.Old Downtown features the Mississippi River to the West, and includes a downtown business center to the north.  Renovation has considerally picked up, and Baton Rouge real estate in this area is becoming more popular.  It is worth noting that most of the renovations in the Beauregard Town Historic District are sweeping through the residential area, and since some are not completed, the Baton Rouge real estate deals are fairly good.For more Baton Rouge real estate, contact Glenda Daughety.Premier Baton Rouge Real Estate
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By Bridget Fredericks
(Home After Home)
The Children's Miracle Network is a great nonprofit group which makes miracles happen for sick children across the country.  This year the Miracle Mansion being built in Baton Rouge is valued at over $500,000 and you can easily get your chance to win it.  Your ticket will help save children's lives in the Baton Rouge area.  In fact all of the money raised will stay right here for the Children's wing at Our Lady of the Lake Hospital.  Additionaly, your ticket is tax deductable.  You have every reason to purchase a ticket or make a donation. Go to http://www.childrensmiraclemansion.org/ to view pictures of the home and to purchase your ticket.Drawing to take place LIVE during the 2007 Children's Miracle Network Broadcast, June 3, 4:45 p.m. on WBRZ-Channel 2. Call OLOL Foundation at 765-50...
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Baton Rouge, Louisiana Appraisers Study Shows An Increase of 12% Pre To Post Hurricane Katrina In Jefferson Terrace Subdivision Located in Baton Rouge, Louisiana.  William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Jefferson Terrace Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Jefferson Terrace Subdivision Pre to Post Hurricane Katrina has been $20,939 or 12.33%. The median price has increased $26,000 or 17%.  The average price per square foot has increased $16.91/sf or 15%.This is the Market Summary in Jefferson Terrace from 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:  The average sale price was...
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By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Baton Rouge Real Estate Appraisers Appraisal Study Reports on Country Club of Louisiana Subdivision Located in Baton Rouge, LouisianaSIGN  William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, reports on the market summary from 4/1/2006 to 4/19/2007 for Country Club of Louisiana Subdivision.   The average sale price was $739,868.   The median sold price was $579,075.   The average price per sq. ft. sold was $182.89/sf.   The average number of days on the market was 88.  The total # of listings were 36.  The low sales price was $338,900.  The high sales price was $2,5500,000. ENTRANCELUXURY HOME IN CCLAData Used With The Permission Of The Greater Baton Rouge Board of Realtors.   This data generally excludes REO/Bank Owned or Foreclosure S...
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Baton Rouge Real Estate Appraisers Appraisal Study Shows An Increase of 26.5% Pre To Post Hurricane Katrina In Oak Hills Subdivision Located in Baton Rouge, Louisiana  William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Oak Hills Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Oak Hills Subdivision Pre to Post Hurricane Katrina has been $57,148 or 26.5%. The median price has increased $66,100 or 33.23%.  The average price per square foot has increased $11.47/sf or 12.19%.This is the Market Summary from 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:  The average sale price was $215,692.   The median sold...
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Baton Rouge Real Estate Appraisals - Accurate Valuations Group Appraiser William D. Cobb Study Shows Park Forest Subdivision in Zip Code 70814 Pre To Post Hurricane Katrina Increases 21%William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Park Forest Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Park Forest Subdivision Pre to Post Hurricane Katrina has been 20.93%. The median price has increased 20.20%.  The average price per sq. ft. has increased 20.38%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $118,812Median Sold: $122,500Avg $/SF: $68.25/sfAvg Days on the Market: 47Total...
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Baton Rouge Real Estate Appraisers - Accurate Valuations Group Appraiser William D. Cobb Study Shows Monticello Subdivision in Zip Code 70814 Pre To Post Hurricane Katrina Increases 13%William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Monticello Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Monticello Subdivision Pre to Post Hurricane Katrina has been 13.11%. The median price has increased 14.41%.  The average price per sq. ft. has increased 22.61%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $132,749Median Sold: $134,471Avg $/SF: $74.42/sfAvg Days on the Market: 44Total# L...
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Baton Rouge Appraisers - Accurate Valuations Group Appraiser William D. Cobb Study Shows Wedgewood Subdivision in Zip Code 70816 Pre To Post Hurricane Katrina Increases 25%William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Wedgewood Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Wedgewood Subdivision Pre to Post Hurricane Katrina has been 24.81%. The median price has increased 24.41%.  The average price per sq. ft. has increased 21.63%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $137,903Median Sold: $139,450Avg $/SF: $70.63/sfAvg Days on the Market: 63Total# Listings: 22Low ...
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Baton Rouge Home Appraisers - Accurate Valuations Group Appraiser William D. Cobb Study Shows Old Jefferson Subdivision in Zip Code 70817 Pre To Post Hurricane Katrina Increases 19%William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Old Jefferson Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Old Jefferson Subdivision Pre to Post Hurricane Katrina has been 18.54%. The median price has increased 15.24%.  The average price per sq. ft. has increased 19.8%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $117,713Median Sold: $119,750Avg $/SF: $71.96/sfAvg Days on the Market: 46Total# ...
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Baton Rouge Home Appraiser - Accurate Valuations Group Appraiser William D. Cobb, IFA Study Shows Sherwood Forest Subdivision in Zip Code 70815 Pre To Post Hurricane Katrina Increases 23%William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Sherwood Forest Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Sherwood Forest Subdivision Pre to Post Hurricane Katrina has been 22.90%. The median price has increased 23.45%.  The average price per sq. ft. has increased 20.93%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $141,659Median Sold: $136,900Avg $/SF: $65.65/sfAvg Days on the Market...
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William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Woodgate Estates Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Woodgate Estates Subdivision, not far from LSU, Pre to Post Hurricane Katrina has been 40.85%. The median price has increased 13.58%.  With average versus median percentages varying so widely, these two (2) percentages are averaged to derive a 27.21% increase.  The average price per sq. ft. has increased 25.6%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $346,400Median Sold: $342,500Avg $/SF: $111.32/sfAvg Days on the Market: 45Total# Listings: 6Low Sales Price: ...
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Baton Rouge Real Estate Home Appraisers - Accurate Valuations Group Appraiser William D. Cobb, IFA Study Shows Kenilworth Subdivision in Zip Code 70808 Pre To Post Hurricane Katrina Increases 23%William D. Cobb, a home appraiser with Accurate Valuations Group in the Greater Baton Rouge, LA market, is pleased to announce a gain in average home prices within Kenilworth Subdivision.  Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within Kenilworth Subdivision Pre to Post Hurricane Katrina has been 23.12%. The median price has increased 13.94%.  The average price per sq. ft. has increased 24.02%.Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:Avg Sold: $180,723Median Sold: $177,500Avg $/SF: $74.28/sfAvg Days on the Market: ...
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Baton Rouge Appraisers - Real Estate Appraiser News - William D. Cobb Attends Appraisal Institute Liability Management For Residential Appraisers: Dodging The Litigation Bullet Seminar, Pearl, MS,  4/12/2007.   (Much of the information presented is directly from the handbook provided at the seminar and the notes taken by William during the seminar.)The purpose of the seminar was to help residential (home) appraisers become a less attractive legal target and thereby avoid being the subject of litigation.   The seminar handbook explains that there are several ways to deal with appraiser liability: •1)      Avoid it.  Make yourself a less attractive target.•2)      Transfer it.  Shift the liability to another entity, such as the client or the other intended users.•3)      Manage it.  Under...
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By Shannon Sims
(Judy Burkett Realtors)
As indicated in my post Shadows At White Oak, Shadows Lake is the latest filing of the Shadows At White Oak community in Baton Rouge Louisiana.  This neighborhood is highly restricted with sidewalks,subdivision required mailboxes,curb and street gutters and underground utilities.  A large private fishing lake is located in the neighborhood for the enjoyment of the residents.  Shadows Lake homeowners also have full use of the tennis courts and park located in the adjoining Shadows At White Oak neighborhood.  Shadows Lake consisted on new construction homes and homes under 3 years old. The average home in Shadows Lake consist of at typically 4 bedrooms and 3 full baths.  Most homes feature custom finish work; custom built cabinets,granite counter-tops and hard wood floors.  Below you will...
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By Shannon Sims
(Judy Burkett Realtors)
The Shadows at White Oak subdivision is located off of S. Harrells Ferry in the southeast section of Baton Rouge.  This area of town is commonly knowen as area 43.  The Shadows at White Oak is a nice neighborhood of single family homes.  Some of the subdivision amentities include a large neighborhood park with swingsets and play equipment. This neighborhood/community contains two tennis courts and a large lake that is soley for the use of the residents.The Shadows at White Oak is part of the Shadows Communty, which includes a Shadows Lakes.  The homeowners dues for both neighborhoods for 2007-2008 is $175 per year.  The age of homes in the Shadows at White Oak range from newer construction to 12 years old.  The majority of homes in this neighborhood are either 3 or 4 bedrooms.  This sub...
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By Shannon Sims
(Judy Burkett Realtors)
In keeping with my pledge to only post consumer centered,well thought out and articulate blog posts I am starting a new endeavor.  I will (or at least attempt) to do a market analysis from the buyer's perspectives on different Baton Rouge area subdivisions. These market anyliss can be found either at www.localism.com or myblog.  I hope you find this information helpful!
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By Shannon Sims
(Judy Burkett Realtors)
"Shannon, I DO NOT want to look at any homes that are located in a flood zone!!"  Boy, if I had a dollar for every-time a buyer uttered those words to me...... The truth is; every piece of real estate located in the U.S. is in a flood zone.  The question is which one is your new home in the Baton Rouge area located in?In the Greater Baton Rouge, Louisiana area, the most common flood zone classifications are:FEMA Flood Zone A-  Zone A is the flood insurance rate zone that corresponds to the 100-year floodplains. Mandantory insurance purchase requirements apply.  This is the flood zone that DOES require flood insuranceFEMA Flood Zone B-  Zone B is the flood zone that is considered to be of moderate risk.  This flood zone MAY require flood insurance.FEMA Flood Zones X or C- Zones X or C or...
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By Bridget Fredericks
(Home After Home)
Residents and homeowners in Village St. George are urged to attend the meeting Wed, February 28 at 6:30 pm.  The meeting will be held at the St. Elizabeth Room of the St. George Kleinpeter Center.This group needs no less than 20 people to attend so that action committees may be formed.Village St. George, through the efforts of these meetings and with the help of WIN (Working Interfaith Network), has made great strides in improving the quality and appearance of the neighborhood.  If you can help this work continue, please be there.
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By Bridget Fredericks
(Home After Home)
Hurricane Katrina caused a population surge in the Baton Rouge area 17 months ago.  Just a day after the storm hit countless, homeless families were renting and buying anything and everything they could get their hands on - sight unseen.  Within a matter of hours, homes that had been on the market for a day or for a year were gone with multiple offers.  Phones were not working.  Communication was difficult.  It was a flat out madhouse in Baton Rouge.  About six months later, there were still people purchasing property as a result of the storm.  Some had waited until they could decide on making a permanent move to Baton Rouge from New Orleans.  Others who had made panic purchases were putting their homes back on the market so they could fix up their New Orleans homes and move back.  Toda...
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By Glenda Daughety, She Never Quits!
(RE/MAX First)
 Mortgage rates were moving all sorts of ways as the first month of the new year came to a close. Some were up, some were down and some haven't moved at all, according to the weekly survey by Freddie Mac. "Mortgage rates were mixed on news that December's leading indicators, a measure of future economic activity, signaled steady growth in the coming months," the company's chief economist, Frank Nothaft, explained. Another factor impacting loan costs was new construction, which came in stronger than expected in December; this despite a decline in single-family starts. Here's the latest read: The 30-year fixed-rate mortgage averaged 6.25 percent with an average 0.4 points as January drew toward its end. That's up from 6.23 percent the previous week and 6.12 percent a year ago. (A point is...
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