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Message
Declining Baton Rouge real estate prices
Posted on 11/22/15 at 12:39 pm
Posted on 11/22/15 at 12:39 pm
Passing through Sherwood Forest the other day and spotted a home off Sherbrook for $179,900. The home is large, albeit old, but at over 2,400 sq ft for that price is alarming, to say the least.
What are some other rapidly declining areas for BR real estate? I think lake at white oak, Shenandoah and Lake Sherwood aren't as desirable as they once were.
What are some other rapidly declining areas for BR real estate? I think lake at white oak, Shenandoah and Lake Sherwood aren't as desirable as they once were.
19
Posted on 11/22/15 at 12:41 pm to Paul Allen
quote:
Sherwood Forest
quote:
rapidly declining
I wonder why?
Posted on 11/22/15 at 12:44 pm to Paul Allen
That area of town is just dull and depressing. I wouldn't own a home there.
Posted on 11/22/15 at 12:46 pm to Paul Allen
Anything in Sherwood is and has been declining for some time. Where have you been?
Posted on 11/22/15 at 12:48 pm to The Pirate King
quote:
Anything in Sherwood is and has been declining for some time. Where have you been?
So all of 70815 and 70816 is declining?
Posted on 11/22/15 at 12:54 pm to Paul Allen
I recently bought a house in Sherwood Forest. My kids have friends in the neighborhood. My wife walks in our part of the neighborhood. I paid less for a nice big house that is well built. I am so dumb.
Posted on 11/22/15 at 12:56 pm to Paul Allen
Sherwood, Jones Creek, Old Hammond Hwy - that whole pocket has been declining since 2005.
Posted on 11/22/15 at 1:00 pm to chryso
Well, it could be "dumb" if the area continues to decline.
Posted on 11/22/15 at 1:05 pm to Paul Allen
Please define decline.
Posted on 11/22/15 at 1:11 pm to chryso
decline-
d?'klin/
verb
1.
(typically of something regarded as good) become smaller, fewer, or less; decrease.
"the birth rate continued to decline"
synonyms: decrease, reduce, lessen, diminish, dwindle, contract, shrink, fall off, tail off;
2.
politely refuse (an invitation or offer).
"Caroline declined the coffee"
synonyms: turn down, reject, brush aside, refuse, rebuff, spurn, repulse, dismiss;
noun
1.
a gradual and continuous loss of strength, numbers, quality, or value.
"a serious decline in bird numbers"
synonyms: reduction, decrease, downturn, downswing, downtrend, devaluation, depreciation, diminution, ebb, drop, slump, plunge.
d?'klin/
verb
1.
(typically of something regarded as good) become smaller, fewer, or less; decrease.
"the birth rate continued to decline"
synonyms: decrease, reduce, lessen, diminish, dwindle, contract, shrink, fall off, tail off;
2.
politely refuse (an invitation or offer).
"Caroline declined the coffee"
synonyms: turn down, reject, brush aside, refuse, rebuff, spurn, repulse, dismiss;
noun
1.
a gradual and continuous loss of strength, numbers, quality, or value.
"a serious decline in bird numbers"
synonyms: reduction, decrease, downturn, downswing, downtrend, devaluation, depreciation, diminution, ebb, drop, slump, plunge.
Posted on 11/22/15 at 1:14 pm to Paul Allen
The peak is in for real estate. Should bottom out 2033 or so. Hang on for a wild ride.
This post was edited on 11/22/15 at 1:28 pm
Posted on 11/22/15 at 1:16 pm to tigersfirst
Thanks, but I can't read. Do you have an audio link?
Ok, seriously, one of the reasons many of the houses in area go for less is that they need updating. Some people don't want to bother doing it themselves so they sell on the cheap side. There is a house behind me that is about 2600 SF and was just updated and it is listed at, I believe, 259k.
Ok, seriously, one of the reasons many of the houses in area go for less is that they need updating. Some people don't want to bother doing it themselves so they sell on the cheap side. There is a house behind me that is about 2600 SF and was just updated and it is listed at, I believe, 259k.
Posted on 11/22/15 at 1:21 pm to chryso
100 sq/ft is pretty damn cheap in Baton Rouge. There is no way i would renovate a house to sell it at that.
Posted on 11/22/15 at 1:25 pm to Paul Allen
quote:
Passing through Sherwood Forest the other day and spotted a home off Sherbrook for $179,900. The home is large, albeit old, but at over 2,400 sq ft for that price is alarming, to say the least
I wouldn't pay 120 for that area
Posted on 11/22/15 at 1:29 pm to Paul Allen
Where do you live Paul ?
Posted on 11/22/15 at 1:37 pm to SabiDojo
In 2005 a lot of Katrina people from NO moved into the neighborhood and it really did decline. However, after the mortgage bust a lot of those people lost their houses. The neighborhood really is better now than it was 7-10 years ago. If you don't have school age kids, or if you do and they are in private school, and if you are not an OT Baller (I know I am probably the only one on the OT that isn't) it wouldn't hurt to look in Sherwood or Broadmoor.
When it comes to Baton Rouge neighborhoods this place is as bad as the poli board.
When it comes to Baton Rouge neighborhoods this place is as bad as the poli board.
Posted on 11/22/15 at 1:37 pm to lsut2005
quote:
That town is just dull and depressing. I wouldn't own a home there.
FIFY
Posted on 11/22/15 at 1:39 pm to chryso
At least your kids will learn to speak Vietnamese
Posted on 11/22/15 at 1:46 pm to chryso
quote:
Please define decline.
LSU Tigers
Posted on 11/22/15 at 1:48 pm to Tigerpaw123
That's a rather asinine and pejorative comment. Shame on you.
quote:
At least your kids will learn to speak Vietnamese
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