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In the market for a new home, new construction?

Posted on 8/29/16 at 6:35 pm
Posted by GeauxTime9
Baton Rouge, La
Member since Dec 2010
6403 posts
Posted on 8/29/16 at 6:35 pm
What are some neighborhoods in the baton rouge area that are building homes in the $200-300k range?

I just put my condo on the market and i'm looking to build something after my condo sells.

Trying to get a list of areas I should check.
Posted by tigerbacon
Arkansas
Member since Aug 2010
3698 posts
Posted on 8/29/16 at 7:36 pm to
The houses off Burbank. They can go from 170-330k. There is new construction that is at the very beginning on old Hammond between Jefferson and airline. They will probably go for 300k or more. Not looking for new construction you have good wood, kinnelworth, and the garden district.
Posted by wickowick
Head of Island
Member since Dec 2006
45805 posts
Posted on 8/29/16 at 8:56 pm to
You do realize that the market is going to be extremely tight for the next 6 months or so, correct?
Posted by 911Moto
Member since Sep 2013
5491 posts
Posted on 8/30/16 at 6:03 am to
No way I'd be buying in this market, unless it hasn't gone crazy yet. If you can find something that hasn't increased in price since the storm, then more power to you. It took several months for the market in Slidell to increase after Katrina, but houses in my neighborhood jumped $100K (around 25%-35%) and stayed that way for at least a couple years, then came right back down.
Posted by Shaun176
Baton Rouge
Member since Aug 2008
2465 posts
Posted on 8/30/16 at 12:32 pm to
We have been looking and all the builders have not changed price or incentives. Several dropped prices 10k in July and are still going with the lower prices. Houses will be ready in 1 to 5 months.
Posted by swanny297
NELA
Member since Oct 2013
2189 posts
Posted on 8/30/16 at 1:51 pm to
quote:

Houses will be ready in 1 to 5 months.


I would stay away from builders that tell you they will be done in a month or 2 - most quality homes take longer than that and with the current situation I would be expecting delays from any reputable builder.
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