Pelican Crossing Subdivision Sorrento LA 2012 Update

Pelican Crossing Subdivision Gonzales Louisiana Two Year Study 2012

Median Sold Price by Month
Apr-10 vs. Apr-12: The median sold price is up 1%

Median For Sale vs. Median Sold
Apr-10 vs. Apr-12: The median price of for sale properties is up 12% and the median price of sold properties is up 1%

Sold Properties by Month
Apr-10 vs. Apr-12: The number of sold properties is down 50%

Under Contract Properties by Month
Apr-10 vs. Apr-12: The number of under contract properties has not changed

New Properties by Month
Apr-10 vs. Apr-12: The number of new properties is up 100%

For Sale Properties by Month
Apr-10 vs. Apr-12: The number of for sale properties is up 33%

Supply & Demand by Month
Apr-10 vs. Apr-12: The number of for sale properties is up 33% and the number of sold properties is down 50%

The Average Days on Market by Month
Apr-10 vs. Apr-12: The average days on market is down 12%

Months Supply of Inventory
Apr-10 vs. Apr-12: The average months supply of inventory is up 28.6%

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 05/15/2009 to 05/15/2012. This information was extracted on 05/16/2012.

Photos of Ascension Parish New Home Construction in 2012 In North Ascension Parish Housing Markets.

In North Ascension Parish Housing Market

In Geismar Dutchtown Housing Market

Shadows of Ascension Prairieville LA Three Year Study April 2009 vs April 2012

Median Sold Price by Quarter
Q1 2009 vs. Q1 2012: The median sold price is down 8%

Median For Sale vs. Median Sold
Q1 2009 vs. Q1 2012: The median price of for sale properties is down 5% and the median price of sold properties is down 8%

Sold Properties by Quarter
Q1 2009 vs. Q1 2012: The number of sold properties is down 33%

Under Contract Properties by Quarter
Q1 2009 vs. Q1 2012: The number of under contract properties is down 29%

New Properties by Quarter
Q1 2009 vs. Q1 2012: The number of new properties is up 33%

For Sale Properties by Quarter
Q1 2009 vs. Q1 2012: The number of for sale properties is down 44%

Expired Properties by Quarter
Q1 2009 vs. Q1 2012: The number of expired properties is down 100%

Supply & Demand by Quarter
Q1 2009 vs. Q1 2012: The number of for sale properties is down 44% and the number of sold properties is down 33%

The Average Days on Market by Quarter
Q1 2009 vs. Q1 2012: The average days on market is up 14%

Shadows of Ascension Greater Rouge Housing News April 2009 Versus April 2012 3 Year Study

Shadows of Ascension Greater Rouge Housing News April 2009 Versus April 2012 3 Year Study

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 04/14/2012 to 04/14/2012. This information was extracted on 04/15/2012.

Greater Baton Rouge Housing News: Ascension Parish Report April 2011 versus April 2012. This includes ALL home sales activity for new / proposed and existing housing.

Median Sold Price by Month
Apr-11 vs. Apr-12: The median sold price has not changed

Sold Properties by Month
Apr-11 vs. Apr-12: The number of sold properties is up 23%

Under Contract Properties by Month
Apr-11 vs. Apr-12: The number of under contract properties is up 33%

Months Supply of Inventory
Apr-11 vs. Apr-12: The average months supply of inventory is down -44.3%

Greater Baton Rouge Housing News Ascension Parish Report April 2011 Versus April 2012

Median For Sale vs. Median Sold
Apr-11 vs. Apr-12: The median price of for sale properties is up 3% and the median price of sold properties has not changed

New Properties by Month
Apr-11 vs. Apr-12: The number of new properties is down 15%

For Sale Properties by Month
Apr-11 vs. Apr-12: The number of for sale properties is down 19%

Expired Properties by Month
Apr-11 vs. Apr-12: The number of expired properties is down 45%

Supply & Demand by Month
Apr-11 vs. Apr-12: The number of for sale properties is down 19% and the number of sold properties is up 23%

The Average Days on Market by Month
Apr-11 vs. Apr-12: The average days on market is down 3%

Greater Baton Rouge Housing News: Ascension Parish Report April 2011 versus April 2012

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 04/14/2012 to 04/14/2012. This information was extracted on 04/15/2012.

http://www.ascensionrealestateappraisers.com/ – Pelican Crossing Tour Gonzales Louisiana 70737 Across From Pelican Point Golf.

5 Reasons Why Your House Didn’t Appraise For What You Thought it Should!

Excellent Article from my Appraiser Friend Tom Horn in Birmingham AL! Tom helps explain some of the myths in today’s housing markets. Although Tom is located in Birmingham AL, some of his points are valid. Baton Rouge may be in a better housing market environment though.

I Love These 2:
COST DOES NOT EQUAL VALUE!
AND
YOUR NEIGHBOR DID NOT TELL YOU THE TRUTH!

NO, Cost Does Not Equal Value. Installing Slab Granite Counters in a $300,000 subdivision makes a lot more sense to the market than installing it in a $100,000 first time home buyer market. The $35,000 IG Pool or $18,000 Metal Building on Slab with electricity might be worth only $5,000 to a buyer.

NO, Your neighbor was wrong! I get this each month where I’m doing an Appraisal and homeowner tells me the neighbor told them that such and such house sold across the street for $X amount of $. Or, there’s been 2 recent sales on our street for $X amount and they’re really only listings and not solds.

http://activerain.com/blogsview/2721481/5-reasons-why-your-house-didn-t-appraise-for-what-you-thought-it-should

See on activerain.com

Hardwired vs. Wireless Security

Due to advances in many types of technology, most of us generally assume that anything “wireless” ought to be preferable over anything hardwired. Indeed, this is true with regard to many different types of technology, so this assumption is not entirely unfounded. However, it is not necessarily true with regard to each and every technology we use. For example, consider home security systems, which can come wirelessly or hardwired – while there are some obvious reasons that in certain situations will tilt preferences one way or the other, there is generally no definitive answer as far as which type of system is more effective or useful. Rather, there are pros and cons of both types of systems.

Hardwired Systems

- Pros
* Generally, hardwired systems are considered, at least technologically, “less advanced.” However, this is one of the few times when something less advanced is still proven to be just as effective. The result, however, is that hardwired systems are often cheaper
o Hardwired systems are also less frequently in need of maintenance, as they do not require updated batteries, added features, etc. – once it is installed, it should work for you for a very long time without any maintenance.
- Cons
* If you are looking into installing a security system in an existing home or business, a hardwired system will be far more complicated to work in. Generally, this would require digging into walls, etc. in order to lay down wiring, whereas putting in the system during the initial construction process can be more natural and simple.

Wireless Systems

- Pros
* Wireless systems are relatively effortless to install, and require only the placement of necessary sensors at your doors and windows. While it is still recommended that you have a professional do this job, you will not need to deal with any construction or remodeling.
* If you do want to install your system on your own, you don’t have much choice – wireless is the way to go. As mentioned, installing a hardwired system can actually involve considerable construction, whereas a wireless system could technically be installed by just about anybody, so long as you make sure that the equipment you are using is top notch.
- Cons
* As mentioned above, wireless systems are often less expensive, and in terms of actual security performance they do not offer many benefits that exceed the capabilities of hardwired systems.
* Wireless systems can also require a great deal of maintenance and updating. As with any electronic device, there are often new features available, or updates suggested, and failure to install these can keep your system from being easy to manage and update should something go wrong.

- Mark J. is a professional freelance writer and programmer at Homesecuritysystems.com. He has worked with a number of clients in different fields including technology, education, security, and business.

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: Improve your home to the level of other homes in your subdivision and not above that level….if you plan on reselling your home. If you plan on living there forever, then enjoy your home and improve it to the level you desire. But, if your desire is to invest for future profit and NOT lose $, then don’t over improve!

Woodrun Subdivision Gonzales La 70737 Housing Market Report 2012

SOLDS. Woodrun Subdivision Median Sales Prices have remained in correction mode since the highs in 2008 of $205,000 down to $183,500 in 2011. Before 2012, the most recent high sold price per sq. ft. was in 2008 at $111.97/sf and down to $99.42/sf in 2011. In 2012, there’s been one (1) sale for $210,000 or $112.30/sf, selling for 96% of listing price, averaging 71 days on the market. In 2011, the average days on market were 124 days.

LISTINGS. There are no current listings within GBRMLS. In FSBOBR.COM, there are 2 listings for 139383 Woodrun Circle $299,000 for 2,650sf or $112.83/sf and 14356 Sommer Lane $219,900 for 1935sf or $113.64/sf.

North Ascension Parish Home Appraisers: http://www.ascensionrealestateappraisers.com/

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to April 16, 2012. This information was extracted on 04/16/2012.

Tags: Ascension Parish Real Estate, Ascension Parish Homes For Sale, Ascension Parish Realtors, Ascension Realtor Homes, Ascension FHA Appraisers, Ascension Home Appraisers, Ascension Appraisers, Ascension Real Estate Appraisers, Prairieville La, Gonzales La Home Appraisers, Saint Amant La Home Appraisers, Geismar La Home Appraisers, Dutchtown La Home Appraisers

Dutchtown Gardens Subdivision Geismar Dutchtown LA 70734 Housing Report 2012. Very nice gated development located next door to Dutchtown High School and surrounding a lake.

Generally, this report is based on the Elevent (11) 2011 home sales. The Average Sales Price in 2011 was $207,378, Median Sales Price $199,500, Average Sold Price Per Sq. Ft. of $112.25/sf, Average Days On Market of 125 Days with homes selling for 99% of listing prices, no weakness in pricing in 2011.

2012 Market. It does appear this subdivision has slowed somewhat as 36407 Dutchtown Gardens Ave is now pending after 231 days on the market and there remains approximately 5 to 8 lots left to build on.

One Sale So Far Into 2012. One 2012 sale in 2012, which is this home below at 36400 Callaway Avenue. This home sold at $120.27/sf or $225,720 for only 1,877sf, far above the typical sold price per sq. ft. of $112/sf in 2011. I believe this home was the “model home” for this development with many extras, the reason it sold for $8/sf more than average.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to April 14, 2012. This information was extracted on 04/14/2012. YES, this appraiser does have the permission of GBRMLS to use the chart above Subdivision Price Trends Report!

Tags: Ascension Parish Real Estate, Ascension Parish Homes For Sale, Ascension Parish Realtors, Ascension Realtor Homes, Ascension FHA Appraisers, Ascension Home Appraisers, Ascension Appraisers, Ascension Real Estate Appraisers, Prairieville La, Gonzales La Home Appraisers, Saint Amant La Home Appraisers, Geismar La Home Appraisers, Dutchtown La Home Appraisers