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Denham Springs Housing Report On Audubon Trace Subdivision 2011 News.

The Median Sales Price in 2011 is in the $176,000 range with average sold price per square foot at $105.

Denham Springs Audubon Trace Subdivision Housing 2011 News Comprehensive Report

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2005 to 10/30/2011. This information was extracted on 10/30/2011.

2011 Woodland Crossing Subdivision 21 Page Housing Study Published Denham Springs. Click Below to view he 21 page study.

From September 2010 to September 2011, the median sold price is up by 9% (but only based on “1″ sale in September 2011 and GBRMLS stats contradict this trend big time showing major declines for 2011).

Recap of 2008 through 2011 YTD Woodland Crossing GBRMLS Housing Numbers:

So, from 2008 to 2011, median sales prices have ranged from $156,000, $147,000, $149,000 down to $140,000 in 2011, rounded to nearest 1000. Sold price per sq. ft. continues to decline from $92/sf in 2010 down to only $84/sf in 2011 rounded. 2011 represent 39 sales and only represent three quarters of housing sales numbers, not an entire year.

Solds In Woodland Crossing from 1/1/2011 to 10/12/2011 revealed:
Average Sales Price: $141,803
Average Sold Price Per Sq. Ft.: $80.00
Median Sold Price: $139,900
Number of Sales: 42
Average Days On Market: 109
Low To High: $98,900 to $179,500
Number of Sold REO/Foreclosures Noted In MLS: 7

NOTE: The Median Sales Price Decline from 2010 to 2011 is -6.2%.

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2008 to 10/12/2011. This information was extracted on 10/12/2011.

http://www.woodlandcrossingappraiser.info/ – Denham Springs Home Appraisers Woodland Crossing Subdivision Third Quarter 2011: Home Prices Decline Based On Seven (7) Foreclosures and 1 to 2 Short Sales!

Recap of 2008 through 2011 YTD Woodland Crossing Housing Numbers:

So, from 2008 to 2011, median sales prices have ranged from $156,000, $147,000, $149,000 down to $140,000 in 2011, rounded to nearest 1000. Sold price per sq. ft. continues to decline from $92/sf in 2010 down to only $84/sf in 2011 rounded. 2011 represent 39 sales and only represent three quarters of housing sales numbers, not an entire year.

YEAR-TO-DATE SOLDS 2011 (Note Chart shows 39 sales, MLS Search Reveals 42 Sales):

Solds In Woodland Crossing from 1/1/2011 to 10/12/2011 revealed:
Average Sales Price: $141,803
Average Sold Price Per Sq. Ft.: $80.00
Median Sold Price: $139,900
Number of Sales: 42
Average Days On Market: 109
Low To High: $98,900 to $179,500
Number of Sold REO/Foreclosures Noted In MLS: 7

NOTE: Based on information from the Greater Baton Rouge Association of REALTORS®\MLS for the period of 01/01/2008 to 10/12/2011. This information was extracted on 10/12/2011.

http://www.denhamspringsappraisers.com/ – Denham Springs Home Appraisal Services: Why Did Buyers Give No Value To Nice Brick Gameroom? I came across this sale last week and thought it would shed some light on how “the Market” or “home buyers” view these types of detached amenities. The red arrow below shows this extra 20 x 20 brick Gameroom on concrete slab with electricity and really nice.

The sales price of this 5 year old 2625sf home, with lake view and on larger lot, was between $240,000 to $250,000 in late 2010 or $93/sf. At this sales price for these features, it doesn’t appear the 20×20 Gameroom below was given much of any contributory value. And, the sellers paid the buyers $8,000 to buy their home or paid $8,000 in seller paid concessions. This fact alone shows there was no contributory value for this Gameroom.

Why did the market not pay contributory value for such a nice building? I’m not exactly sure but after 20 years of appraising homes, it’s been my experience that the market rarely rewards dollar-for-dollar for such amenities. Quite often, the market pays about 25% of original cost for such detached Gamerooms, Workshops, Inground Pool and Wood Decks. My advice is if you’re going to live in your home forever, then build what you want in the backyard and enjoy it. However, if you plan on moving within 5 to 10 years, then I don’t advise making such investments that won’t bring at least the full amount of your investment in return.

Author: Bill Cobb, Appraiser with Accurate Valuations Group

http://www.batonrougelistingsservices.com/ – Greater Baton Rouge Real Estate Elevated Photography Services Now Available by Bill Cobb with Baton Rouge Listings Services and AVG Accurate Valuations Group! Find out more at the url above in blue.

Below is a compare and contrast showing the marketing differences in perspective of home listing photo at normal elevation versus elevated elevations. Local Real Estate Agents prefer to combine normal photos and elevated photos in their marketing plan for their listings.

This service is also included in Bill Cobb’s AVG Pre-Listing Appraisals whether those are ordered by Local Real Estate Agents or for those selling FSBO without an Agent, see Greater Baton Rouge Pre-Listing Appraisals

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http://denhamspringshomeforsale.com/ – 30621 Baker Drive Denham Springs Home For Sale Near Center of Town. View the online 30621 Baker Drive Denham Springs Photo Gallery.

According to the Listing Agent, Darren James, “GET YOUR MONEY’S WORTH HERE!!! This is a cozy home with plenty of room for growing a family. This home features 4 spacious bedrooms , 2 1/2 baths, and is located in an established quiet neighborhood that is close to everything Denham Springs has to offer. Bass Pro Shop, Antique Village, Resturants, Shopping, Parks and if that isn’t enough your children can walk to and from school. The kitchen has been upgraded with a new kitchen sink and new countertops. This home also features an open floor plan and will make your dream a realty. Call for your private showing now.”

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http://www.agent225.com/ - 10175 ARNOLD RD Ranch Home For Sale Video 8.5 Acres With Barn Denham Springs LA 70706. View the 10175 Arnold Road Denham Springs Home For Sale Online Photo Gallery Here!

This Acadian style home has been renovated and looks new inside. Kitchen has new counter tops, Den has large brick fireplace with insert and vaulted ceilings. The hall bath has double vanities that look new. The Master Bedroom has a Sitting area and a wood burning fireplace. The Master Bath has a soak tub and a seperate shower. The closet is every woman’s dream. Step out the Master onto a covered patio overlooking the swimming pool. There is a half bath outside under the carport. The horse barn has 5 stalls with a washing station. There is a round pen and the property is crossed fenced. This is everything that you could ask for and only minutes from Denham Springs. Seller is a Real Estate Agent. Listed by Jo Lee Catton.

DIRECTIONS: Hwy 16 N to Hwy 1025 Property is about 2.5 miles from the intersection with Hwy 16 on the Left.

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