Prairieville Real Estate Appraisers: Fountain Hill Subdivision 2010 Price Trends Overall there really isn’t much to report on in 2010. Per GBRAR MLS, there was only 1 2010 sale (and only 1 MLS sale in 2009) in Fountain Hill Subdivision for $383,000 on 8/31/2010 for 3,625sf. This home sold for $105.66/sf as a foreclosure. The photo of this home is directly below. The bank took this home back for a mortgage balance of $344,000 and still sold it for a substantial profit in this market. This appraiser has performed two (2) foreclosure appraisals in Fountain Hill Subdivision in 2010. Continue reading Prairieville Real Estate Appraisers: Fountain Hill Subdivision 2010 Price Trends
http://www.gbrprelistingappraisals.com/ – Baton Rouge Homeowner Loses $15,000 By Not Getting Pre-Listing Appraisal Another Baton Rouge Homeowner Loses Money By Not Getting Appraisal. In June 2010, a Greater Baton Rouge homeowner is losing $15,000 in equity, selling FSBO or For Sale By Owner, by not getting a Pre-Listing Appraisal. No, this isn’t a distressed sale.
http://www.ascensionrealestateappraisers.com/ – Don Stern: Ascension Parish Louisiana Real Estate – First Quarter 2010 Market Update Coldwell Banker Mackey Company Realtor, Don Stern, releases the Q1 2010 Ascension Real Estate Update here! This is a very detailed update with multiple charts. I would encourage readers to visit Don Stern Real Estate Website, view his expert content and leave a comment. Subscribe to his free newsletter. Check out the ASC Flood Maps. Check out Don Stern’s Real Estate Blog on Active Rain Network! Don makes the statement that he’s not sure if the ASC market is seeing a bottom in declining prices Continue reading Don Stern: Ascension Parish Louisiana Real Estate – First Quarter 2010 Market Update
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