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Spinoff: Denham property values increase due to Juban Crossing?

Posted on 10/22/15 at 10:15 pm
Posted by Pelfan8104
BRLA
Member since Jun 2015
95 posts
Posted on 10/22/15 at 10:15 pm
I know we all hate LP, trash, blah blah..
But what does the OT think will happen to property values in Denham that are within a few miles of Juban Crossing?
There are some nice cookie cutter homes out there, nice as you can get for cookie cutter homes at least.
Know a guy who bought a house for $140k, works offshore. Only home about one week out of 6 or 8. Asked him why he even has a house. Said he heard within 10 years or so, property value will double due to Juban Crossing. I call BS on that.
I say maybe a 10% increase over 5 years.
Thoughts?
Posted by tigerbutt
Deep South
Member since Jun 2006
24604 posts
Posted on 10/22/15 at 10:20 pm to
Anywhere close it will of course. Duh
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 10/22/15 at 10:20 pm to
quote:

I say maybe a 10% increase over 5 years.


i don't think they'll appreciate compared to properties elsewhere. The homes that are built in Livingston parish look nice on the inside when they are new but are of low quality and will not hold up well over time. Even worse is that the neighborhoods they are in are not laid out in a pleasant manner. They are just cramming homes in, putting them on little dirt mounts, and there's no character or charm at all. In many neighborhoods all the homes look the same, there's no trees in the front yard and some don't even have sidewalks. Lots of trash can afford homes there so that's not good either. No external storage in most cases, so people use their garage for storage and just park their cars outside or they have stuff out in the elements.

Combine all that with the low quality of construction, high density, traffic to downtown, and you've got a recipe for ghettoficaiton.

Now if you're talking about frontage property on Juban road itself, then yes that will probably go up. Not the neighborhoods way in the back.
This post was edited on 10/22/15 at 10:22 pm
Posted by wildtigercat93
Member since Jul 2011
112369 posts
Posted on 10/22/15 at 10:29 pm to
Livingston/ Watson was already a growing area due to decent public schools and white flight
Posted by goofball
Member since Mar 2015
16898 posts
Posted on 10/23/15 at 12:37 am to
The layout of the neighborhoods and the quality of construction are going to cause a lot of problems for the medium and long term value of neighborhoods in Livingston.

They need sign restrictions, stricter codes, and much tighter zoning.
Posted by SharpDressedMan
Member since Jun 2015
256 posts
Posted on 10/23/15 at 7:10 am to
Why are y'all so obsessed with LP?
Posted by Rickety Cricket
Premium Member
Member since Aug 2007
46883 posts
Posted on 10/23/15 at 8:00 am to
quote:

Know a guy who bought a house for $140k, works offshore. Only home about one week out of 6 or 8. Asked him why he even has a house. Said he heard within 10 years or so, property value will double due to Juban Crossing.

This is just awesome
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