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re: Anyone seeing a big increase in their home value (non-flooded home) in BR area?
Posted on 2/22/17 at 3:36 pm to Festus
Posted on 2/22/17 at 3:36 pm to Festus
quote:
Any information on the market in Shenandoah would be appreciated.
Gimme a little bit and I'll jump on mls and check out avg price per sqft for sold houses in last 6 months.
0
Posted on 2/22/17 at 3:37 pm to MLSter
quote:
don't understand why people are putting up with that shite. I really want a house in Southdowns or garden district but I am not going to pay just to live in those areas. the house has to be worth it. But you got a bunch of young people paying well over what it should cost just because they want to be in the area. Idiots
It's fricking crazy. My wife and I will need to buy a new home in 2-3 years so we go to open houses to see what's out there and I'll be damned if real estate agents and contractors are just trying to rip people off after the flood. When I was in the U Club the real estate agent was asking me what I was doing when I was looking at the baseboards and "crown molding" and replied by asking her if the wood was real, almost sarcastically, and she goes "oh no, contractors don't use wood anymore for that kind of stuff," and i responded by saying, at $210 a sq/ft they better have a got damn carpenter in here with a fricking lathe turning wood. I was stunned that people don't even fricking use real wood anymore especially at $210 a sq/ft. That's nuts.
Posted on 2/22/17 at 3:38 pm to MLSter
quote:location,location,location.you will pay it if you want to live there bad enough.
I really want a house in Southdowns or garden district but I am not going to pay just to live in those areas
Posted on 2/22/17 at 3:39 pm to LSURussian
quote:
Yes and it made my 2017 property taxes skyrocket...more than double
Holy cow...that ain't right
Posted on 2/22/17 at 3:42 pm to Paul Allen
Accordingly to the tax man, my net worth has now jumped the shark.
Posted on 2/22/17 at 3:42 pm to T Blair
quote:She sounds knowledgeable
"oh no, contractors don't use wood anymore for that kind of stuff,"
Posted on 2/22/17 at 3:44 pm to whit
quote:
Really? Those houses have always been priced $250ish and lower per sqft. Was that a fsbo or a realtor trying to previously sell it for $300 sqft? Because that's retarded, especially since Level is building in there
Totally retarded and yes
Posted on 2/22/17 at 3:45 pm to Festus
quote:
Any information on the market in Shenandoah would be appreciated.
YOu know you can see anyone's 2016 assessment right? Using the map to zoom in and click. Or by punching in addresses/names/etc.
The map is fricking awesome when you put the owner names layer over it. creepy but awesome.
EBR Assessor site.
Posted on 2/22/17 at 3:45 pm to T Blair
quote:
i responded by saying, at $210 a sq/ft they better have a got damn carpenter in here with a fricking lathe turning wood
Posted on 2/22/17 at 3:45 pm to whit
quote:
She sounds knowledgeable
Posted on 2/22/17 at 4:11 pm to MBclass83
Posted on 2/22/17 at 4:48 pm to bigrob385series
quote:
location,location,location.you will pay it if you want to live there bad enough.
There is a home just off Lee on Hyacinth listed at a cool $1 Mill right now. It's a nice place on an acre with a pool and a bungalow out back but damn.
Posted on 2/22/17 at 5:52 pm to Paul Allen
Market value went up, but it isn't going to "exponentially increase" because no matter how high of a price the buyer agrees to, if the appraisal value doesn't back it up then their mortgage isn't getting approved unless they can afford to come up with a big arse down payment. Or if you're lucky enough to find someone who can afford to buy with cash.
Posted on 2/22/17 at 5:55 pm to Paul Allen
Its all relative, its still BR
Posted on 2/22/17 at 6:27 pm to Tiger Prawn
Good point
Posted on 2/22/17 at 7:14 pm to Tiger Prawn
quote:On the money.
Market value went up, but it isn't going to "exponentially increase" because no matter how high of a price the buyer agrees to, if the appraisal value doesn't back it up then their mortgage isn't getting approved unless they can afford to come up with a big arse down payment. Or if you're lucky enough to find someone who can afford to buy with cash.
Posted on 2/22/17 at 7:26 pm to Paul Allen
Not sure really. We bought our house for $157/sqft two years ago. A house in our neighborhood, which definitely isn't as nice as ours, just sold for $179/sqft. No clue if it's due to the floods or not. Half of my neighborhood flooded. The house that sold didn't flood.
Posted on 2/22/17 at 7:30 pm to T Blair
quote:
Baton Rouge home prices are all jacked up. I went to look at some homes this weekend and they got contractors in U Club trying to sell pieces of crap for $210 a sq/ft.
I tell you what smart guy...you need to get educated. Go buy a lot in U Club and add up all the EBR permitting fees, traffic impact fees, sewer fees, construction loan interest, cost of house plans, THEN, price out the materials at a lumberyard, get a plumbing package, appliances.....break ground and subcontract it out yourself. I bet you would rethink everything when the cost come in.
I know the Rouzan house very well.
While I do agree that it was mistakenly overpriced as a FSBO, I think you don't have a clue as to what you want and the cost associated with it.
Posted on 2/22/17 at 7:32 pm to PaperPaintball92
That's why my folks didn't sell and are rebuilding. At the end of the day, you still have to find somewhere to live.
Posted on 2/23/17 at 8:29 am to Supermoto Tiger
quote:
I tell you what smart guy...you need to get educated. Go buy a lot in U Club and add up all the EBR permitting fees, traffic impact fees, sewer fees, construction loan interest, cost of house plans, THEN, price out the materials at a lumberyard, get a plumbing package, appliances.....break ground and subcontract it out yourself. I bet you would rethink everything when the cost come in.
I know the Rouzan house very well.
While I do agree that it was mistakenly overpriced as a FSBO, I think you don't have a clue as to what you want and the cost associated with it.
So you're trying to tell me that it should cost $200+ sq/ft to build in the U-Club with crappy materials? Seriously? How do I not have a clue what I want and the costs associated with it? My parents sold their immaculate Hays Town before the flood for $230 sq/ft. Coco cabinets, Broussard painting, Allen floors, etc. Are you going to compare the fricking rouzan house to a fricking Hays Town home? You have no idea what the frick you are talking about. You must be spec house builder, because that's the only reason you would get so butt hurt over someone pointing out how crappy and overpriced houses are nowadays You tell me sport, what does it cost per sq/ft nowadays to build a nice house in U-Club or Rouzan? Let's say all millwork done on site, heart of pine and hard tan brick floors, cypress cabinets, 3 coats of paint, sub zero or viking appliances, etc. Go.
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