http://www.ascensionrealestateappraisers.com/ – Geismar Dutchtown FHA Appraisers Report On Old Mill Subdivision

A market analysis of solds from 8/1/2008 to 11/23/2009 within Old Mill Subdivision shows an overall median sales price decline of -3.58% on what appears to be low volume.  However, the Listing Price To Sales Price Ratio still remains high or favorable at 100% of listing price.  The chart below represents solds from 1/1/2007 to 11/23/2009. 

According to the Old Mill HOA Website, “ Old Mill is located in one of Ascension Parish’s most convenient areas, just 20 miles south of Baton Rouge, Louisiana and 60 miles north of New Orleans, Louisiana.  Old Mill is a short drive from numerous services, entertainment centers and a wide choice of shopping including nearby Tanger Outlet Mall and The Mall of Louisiana.  With a rural community feel, the “Dutchtown” area is also well recognized for the outstanding quality of its schools including Dutchtown Primary, Dutchtown Middle and Dutchtown High (Go Griffins!).  Key points of interest near Old Mill include beautiful Spanish Lake as well as several antebellum homes including the famous Houmas House and Oak Alley homes.  A short drive away and you can either be living it up in the Big Easy or meeting friends for dinner in Baton Rouge.  With Old Mill’s easy access to I-10, the choice is yours!“

1004MC of Old Mill Itself