http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisers 2011 Report On Lake at Gray’s Creek Subdivision

According to the DSLD Homes website, Lake At Gray’s Creek is a “Small community conveniently located directly off of Highway 16 in south Denham Springs. Less than one mile from the elementary school, this community has a retainage pond. Quiet location, just minutes from shopping and all other conveniences. New homes priced from the $130′s. In 2009, there were 63 homes built with an average sales price of $142,655 or $101.69/sf. In 2010, there were 32 homes built with an average sales price of $142,235 or $103.01/sf. In 2011, there is one (1) new home for sale for $133,900 or $105/sf for 1,274sf. Specific information on Lake At Gray’s Creek is available at the DSLD Homes website.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2009 to April 15, 2011. This information was extracted on 04/15/2011. Yes, this appraiser does have permission to use this MLS chart within this post.

Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/

http://www.denhamspringsappraisers.com/ – Western Livingston Parish Quarterly Sales By Zip Code Q1 2010 versus Q1 2011 Results

Accurate Valuations Group (Home Appraisals) has completed an analysis of the Western Livingston Parish housing market from First Quarter 2010 versus First Quarter 2011. The results are below.

70726. For Zip Code 70726, home sales volume was down 24%, Average Sales Price was up 3% and Average Sold Price Per. Sq. Ft. was down 9%.

70706. For Zip Code 70706, home sales volume was up 30%, Average Sales Price was down 8% and Average Sold Price Per. Sq. Ft. was down 12%.

70785. For Zip Code 70785, home sales volume was up 47%, Average Sales Price didn’t change and Average Sold Price Per. Sq. Ft. was down 3%.

70754. For Zip Code 70754, home sales volume was down 37%, Average Sales Price was up 18% and Average Sold Price Per. Sq. Ft. was up 7%.

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Author’s Bio:
Bill Cobb is Greater Baton Rouge’s Home Appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 20 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:
Office: 225-293-1500, Cell: 225-953-0638
Fax: 1-866-663-6065
info@accuratevg.com
http://www.accuratevg.com/

http://www.denhamspringsappraisers.com/ – Denham Springs Certified Real Estate Appraisers: Late 2010 Rolling Meadows Subdivision Update, Market Pricing Correction!

Solds In Rolling Meadows from 1/2010 to 11/30/2010 revealed:
Average Sales Price: $141,767
Average Sold Price Per Sq. Ft.: $103/sf
Median Sold Price: $139,900
Number of Sales: 3
Average Number of Days On Market: 110 Days
Low To High: $135,500 to $149,900

THE CHART BELOW SHOWS A “COOLING” OF THE VERY HIGH POST HURRICANE KATRINA SALES PRICE, A DROP FROM $108.32/SF TO $103.04/SF, WHICH IS HEALTHY FOR THIS “First Time Homebuyer Market where $157,500 was just too much to pay for housing! It was thought that the new Juban Parc Junior High School directly across from Rolling Meadows was going to “raise” home values but that doesn’t appear to have taken place based on 2010 home sales numbers, which is a relief for those wanting to buy into Rolling Meadows. And, the 1 MLS Listing in Rolling Meadows at $155,000 has been on the market since 4/6/2010 starting out at $158,500 facing strong buyer resistance at that very high pricing.

Number of Sold REO/Foreclosures Noted In MLS: 0
Current # Listings: 1, 0 Are Foreclosures
Current Listings Price: $155,000

Author’s Bio:

Bill Cobb is Greater Baton Rouge’s home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s Company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500, Mobile: 225-953-0638

info@accuratevg.com

http://www.accuratevg.com/

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of January 1, 2010 to November 30, 2010. This information was extracted on 11/30/2010.

http://www.appraisersindenhamsprings.com/ – Denham Springs Home Appraisers: Woodland Crossing Mid Year 2010 Housing Report

Solds In Woodland Crossing from 1/2009 to 7/3/2010 revealed:
Average Sales Price: $149,374
Average Sold Price Per Sq. Ft.: $92/sf
Median Sold Price: $147,150
Number of Sales: 110
Low To High: $99,900 to $210,000
Number of Sold REO/Foreclosures Noted In MLS: 7
Current # Listings: 31, 2 Are Foreclosures
Current Listings Prices: $129,500 To $199,900

Author’s Bio:

Bill Cobb is Greater Baton Rouge’s home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 18 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill’s company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish).

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500, Cell: 225-953-0638

Fax: 1-866-663-6065

info@accuratevg.com

http://www.accuratevg.com/

Data Used With Permission of the GBRAR MLS. Data was extracted on 7/3/2010 from periods 1/1/2009 through 7/3/2010.

http://www.appraisersindenhamsprings.com/ – Denham Springs Home Appraiser Offers Pre-Listing Appraisal Services

A smooth transaction is one when one has accurately represented the physical characteristics(in writing) of one’s home , whether it be listing the home with an agent or selling it yourself(FSBO). “The main step is to acquire the accurate living area during the whole process of obtaining the accurate representation of one’s property”, says William D. Cobb, CREA who is the owner of Accurate Valuations Home Appraisal Group in Baton Rouge, Louisiana. An agent will enlist a CMA or Comparative Market Analysis for determining a home’s listing price. Still, one should have with them, a precise calculation of the living area.

Also, to be on the safer side, it would be a wise decision to have a third-party measure the living area and value of the property before one signs the Listing Agreement. A residential appraiser is the best option in this case.

This has the following advantages:

When an appraisal report is done in a professional manner, it leaves a good impression on the potential buyer as it supports the price quoted as well.

An appraisal generally includes photographs, location map, accurate sketch, precise dimensions, outline of the neighborhood etc. Also, 3 to 4 comparable sales must be present adjusted to subject property.

Enlisting recommendations for repair or enhancements, if any. This listing appraisal can indicate a value for addition(s), items that require repairs, etc..

Accurate estimation of Living-Area size lends peace of mind, especially with values @ $100/sf +

In U.S, majority of real estate professionals base the price per square foot of a home on living area size. Living Area is measured from the exterior walls. All real estate professionals are to follow the ANSI Standards for Single-Family Residential Buildings (American National Standards Institute) when calculating area home sizes. In a seminar in Apex Appraiser Home Sketching Software and National ANSI Standards in Houston, TX, the ANSI instructor, who is also on the Appraiser Standards Board in South Carolina, stated that one of the most common lawsuits in Real Estate today is “misrepresentation of living area size”.

Consider: A 2,000sf home is for sale, priced at $240,000. Instead of measuring the home, the living area was obtained by County Records; estimating the typical home size in that development. The home is listed with a living area of 2,000sf. A purchase agreement for $240,000 is received and is accepted. The appraisal is ordered by the buyer’s lender. The sellers submit an offer on a $350,000 home in a neighboring development. The offer is accepted. However, the appraiser for the home turns in her appraisal showing 1,840sf and an appraised value of $220,800, much less than the purchase price. The sellers are asked to renegotiate the purchase price as the living area is 1,840sf, and not the 2,000sf. The sellers sue for misrepresentation of living area.

Thus, it’s crucial to have one’s home measured by the person listing your home. It is strongly recommended that when interviewing the person listing your home, one must confirm that they follow ANSI, that they will measure your home, and provide you a calculated sketch. Thus, a written verification of true living area is present.

Bill states that he recently performed a purchase appraisal in a South Baton Rouge Subdivision on a 2,026sf living area, for $260,000, listed FSBO. The home was marketed WITHOUT obtaining a professional opinion on the value of the home. The buyers end up with $9,000 in equity as the home appraised at $269k. So, as against a loss of $9,000 the seller should have paid $225 to get the listing appraisal done.

An appraisal helps homeowners make the best decisions like investment in homes and setting a competent sales price. Thus it is strongly recommended to have a Listing Appraisal before one lists their home.

Accurate Valuations Group
Office: 225.293.1500
Fax: 1-866-663-6065

http://www.fhaappraisersbatonrouge.com/ – Certified FHA Home Appraisers in the City of Denham Springs Louisiana

Office: 225-293-1500 or 1-888-678-3544

Fax: 1-866-663-6065

Staff Email: fastvalue2@cox.net

Bill Cobb, Accurate Valuations Group Appraiser, has operated as a home appraiser for 18 years now primarily in the Greater Baton Rouge, Louisiana market. Bill performs Conventional, FHA and RD/Rural Development home appraisals. For more information on Accurate Valuations Home Appraisal Group, visit FHA Appraisers in East Baton Rouge, West Baton Rouge, Ascension & Livingston Parishes.

Our Service Areas: All of East & West Baton Rouge, Western Half of Livingston Parish (Denham Springs, Walker, Watson & Livingston) and Northern Ascension Parish (Prairieville, Gonzales, Geismar, Saint Amant, Sorrento)