This is an article I wish every Ascension Parish Homeowner would read this: Owners tend to over value 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 Continue reading Do Ascension Parish Homeowners Over Value and Over Improve Their Homes?
How to Over Improve Your 11 Year Old Ascension Home! Answer: Install Slab Granite in Kitchen and All Bathrooms, $2,000 in Extra Millwork in Living Room and $5,000 in Kitchen Backsplash and New Kitchen Cabinets with drawers that pull out…….when none of the other homes in your subdivision have similar features! There’s a few homes now with slab granite, but none per MLS comments with this extensive of an over improvement. These types of improvements will certainly help the home sell faster but the market will rarely pay dollar-for-dollar or a premium for over improvements in a market. The Lesson: Continue reading How to Over Improve Your 11 Year Old Ascension Parish Home!
Baton Rouge Real Estate: Greater Baton Rouge Homeowner Should Not Have Added $60,000 Pool In A $150,000 Subdivision I ran across a situation in the Greater Baton Rouge Housing Market where a homeowner, located in a subdivision where the average home is worth $150,000, installed a $60,000 Gunite Inground Pool recently. Now, their home is on the market and they are about to be taken through the “school of hard knocks” when the appraiser doesn’t give them any more than $5,000 to maybe $7,500 contributory value for their pool. I’ve been appraising now for 18 years and see these types Continue reading Greater Baton Rouge Homeowner Should Not Have Added $60,000 Pool In A $150,000 Subdivision
http://www.ascensionrealestateappraisers.com/ – 12 Home Improvements That Didn’t Reward: Could These Apply To Ascension Parish Markets of Prairieville, Gonzales, Geismar, Saint Amant and Sorrento? Justin Pierce has written an article on “12 Improvements That Didn’t Pay: Learn From These Rehab Mistakes” where he warns homeowners not to over-prove their homes. This article is certainly worth reading for locals as well. This appraiser also asked a similar question in a recent article on over improving your home: “Greater Baton Rouge Real Estate Question: Is It Wise To Invest $60,000 For A Pool and Landscaping For A $250,000 Home?” Here’s a snippet: “Here Continue reading 12 Home Improvements That Didn’t Reward: Could These Apply To Ascension Parish Market?