Pine Park Subdivision Update, Baton Rouge Real Estate Update For 70809

Pine Park Subdivision Update, Baton Rouge Real Estate Update For 70809  – http://batonrougerealestateappraisal.com/

Westminster Place / Pine Park Subdivisions Map

Westminster Place / Pine Park Subdivisions Map

Pine Park Subdivision: Solds $252,900K to $275K, 2 sales since 1/1/08, avg size 2,559sf, avg sold price $103.53/sf, median sales price $264K, List-Sales Ratio: 96.12%.

An MLS CMA of this Subdivision from 01/01/2007 to 12/31/2007 revealed: 
Average Sales Price: $251,600
Average Sold Price Per Sq. Ft.: $92.83
Median Sold Price: $215,000
Low Sales Price: $199,900
High Sales Price: $339,900
Average # of Days On Market: 20
# of Sales: 3

An MLS CMA of this Subdivision from 01/01/2008 to 01/17/2009 reveals: 
Average Sales Price: $263,950
Average Sold Price Per Sq. Ft.: $103.53
Median Sold Price: $263,950
Low Sales Price: $252,900
High Sales Price: $275,000
Average # of Days On Market: 37
# of Sales: 2

Therefore, based on the median sale price barometer (the barometer used by the NAR National Association of Realtors) within Pine Park Subdivision, the market direction appears to be increasing.   However, it’s difficult to draw a conclusion based on only 3 sold sin 2007 and 2 solds in 2008.   So, this data may not be totally reliable for a trend conclusion.   Pine Park data used with the permission of the Greater Baton Rouge Board of Realtors.

Author’s Bio:

Bill Cobb, CREA, is Greater Baton Rouge’s favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values.  A home appraiser with 17 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

[email protected]

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Baton Rouge Real Estate Appraisers News: Jairo Alvarez / Alvarez Construction Enjoying success after humble start

http://batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraisers News: Jairo Alvarez / Alvarez Construction Enjoying success after humble start

Jairo Alvarez claims he has free time. But when he isn’t running his homebuilding company, he’s painting or writing or cycling or working his backyard gardens and fruit trees.

The wall of Alvarez’s house is dotted with his original paintings. Most are tranquil landscapes: black-and-white sketches of south Louisiana swamps and watercolors of the humble farmhouses in rural Colombia, where he and wife Anita were raised.

He is now the patriarch of Alvarez Construction, a family run company which has found itself with an increasing amount of work.

The company has more than 500 housing units under development. But the project with perhaps the highest profile is the 100-acre corner of Perkins Road and Pecue Lane, which Alvarez Construction bought in January. Once land clearing is complete this summer, Alvarez will begin transforming it into Jamestown at Old Perkins.

Development plans call for 227 single-family homes and more than 100 condominium units, as well as retail space, office space and 24 acres of lakes and jogging trails.

Alvarez Construction has other major projects under development. Forest Creek is an 81-home subdivision at Tiger Bend and Jones Creek roads. Magnolia Pointe is a 59-home neighborhood on Staring Lane near Boone Drive. South Hampton is a 61-unit upscale condominium complex at Stumberg Lane and Jefferson Highway.

The construction business has been good to Alvarez and his family, especially in the revved-up, post-Katrina market. He and his wife, Anita, live comfortably in an upscale neighborhood in south Baton Rouge.

But their road to success has been a long journey of hard work across two continents and his share of business failures. Read the entire story

CHRIS GAUTREAU; Advocate business writer

Updated: 2007-04-24

Accurate Valuations Group Appraiser, William D. Cobb, has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. For more information on Accurate Valuations Home Appraisal Group, visit Baton Rouge Real Estate Appraisers.