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Started By
Message
Baton Rouge House Prices
Posted on 3/23/09 at 10:45 am
Posted on 3/23/09 at 10:45 am
I currently own a townhouse by LSU which I plan to rent out when I finally find another house.
My question is this, it seems most of houses in Baton Rouge have an average sqft price of 135-145+. I also have noticed over the last 4-5 months that it has not gone down at all. I have noticed houses sitting on the market for months with out a price reduction in some cases.
So my question to all the Money Board Experts is in the near future do you think this will come down or is Baton Rouge some how immune to the recent nation wide housing correction.
My question is this, it seems most of houses in Baton Rouge have an average sqft price of 135-145+. I also have noticed over the last 4-5 months that it has not gone down at all. I have noticed houses sitting on the market for months with out a price reduction in some cases.
So my question to all the Money Board Experts is in the near future do you think this will come down or is Baton Rouge some how immune to the recent nation wide housing correction.
4
Posted on 3/23/09 at 10:46 am to lsu1percent
quote:
do you think this will come down
yes
quote:
is Baton Rouge some how immune to the recent nation wide housing correction.
nope
Posted on 3/23/09 at 10:47 am to lsu1percent
What is the median home price in Baton Rouge? Also, what type of increases did the market see from '03-'07?
Posted on 3/23/09 at 10:53 am to lsu1percent
quote:
My question is this, it seems most of houses in Baton Rouge have an average sqft price of 135-145+.
where are you looking?
Many homes 109 -118 per sq ft
Posted on 3/23/09 at 11:12 am to lsu1percent
quote:
My question is this, it seems most of houses in Baton Rouge have an average sqft price of 135-145+
There is brand new top quality construction all over the place priced less than that.
quote:
Many homes 109 -118 per sq ft
Many decent neighborhoods are below that even.
Posted on 3/23/09 at 11:48 am to MikeBRLA
if you are in one of the trendy parish's (livingston or ascension) then you are going to overpay. those areas are over built and the prices are about to tumble. its a buyers market but the buyer better do his research.
Posted on 3/23/09 at 1:55 pm to Mudminnow
quote:
where are you looking?
Looking at Fairhill, Springlake, A few neighborhoods off of bluebonnet, highland ect. I really didn't want to live on the outskirts of town i.e. Oneil, millerville area which has some really nice neighborhoods just a ways out. I am also not looking in Livingston or Pville as the traffic to and from seems to be a nightmare.
Posted on 3/23/09 at 1:56 pm to MikeBRLA
quote:
Many decent neighborhoods are below that even.
Can you give me some examples?
Posted on 3/23/09 at 3:21 pm to lsu1percent
Dude, I just bought in springlake, think it was about $130/sq.ft. it just depends where you are looking. Prices in neighborhoods like this won't go down much.
This post was edited on 3/23/09 at 3:22 pm
Posted on 3/23/09 at 3:24 pm to josh336
quote:
Prices in neighborhoods like this won't go down much.
Just wait
Posted on 3/23/09 at 3:35 pm to Checkmateking2
quote:
Just wait
what, you really think nice houses in nice BR neighborhoods will go below say... $180,000?
Posted on 3/23/09 at 3:42 pm to josh336
quote:
You really think nice houses in nice BR neighborhoods will go below say... $180,000?
Very likely, I've seen a few already
This post was edited on 3/23/09 at 3:43 pm
Posted on 3/23/09 at 3:44 pm to tmitch01
name them
Posted on 3/23/09 at 4:16 pm to josh336
quote:
$180,000
Wow. That's one of those things that I hate about the Northeast. I would love to find a decent house for that price.
Posted on 3/23/09 at 4:25 pm to MikeBRLA
quote:
brand new top quality construction all over the place
I disagree.
There is no more quality anymore.
Posted on 3/23/09 at 4:26 pm to bignate76
quote:
if you are in one of the trendy parish's (livingston or ascension) then you are going to overpay. those areas are over built and the prices are about to tumble
Trendy?
Really?
quote:
Ascension Parish (French: Paroisse de l'Ascension) is a parish located in the U.S. state of Louisiana. It is one of the fastest growing parishes in the state. Its population is estimated to be greater than the 2000 census. One of the major reasons for parish growth is the number of families wanting to move their children from the East Baton Rouge Parish public schools to the higher-performing Ascension public school system.
LINK
quote:
The schools in Livingston Parish are rated as some of the best in the state. The success of the schools in Livingston Parish has been a major attraction to those relocating. This has caused rapid growth throughout the parish but can be seen mostly in the western part of the parish. As a result of this, property value and industries have steadily increased along with the student population. The school system is composed of 40 schools and 22,236 students in a K-12 public school district. The central office for the Livingston Parish school's system is located in the town of Livingston.
LINK
This post was edited on 3/23/09 at 4:28 pm
Posted on 3/23/09 at 4:26 pm to Will Cover
quote:
There is no more quality anymore
They might look nice, but you don't know whats behind the sheetrock.
Posted on 3/23/09 at 4:28 pm to Checkmateking2
quote:
They might look nice, but you don't know whats behind the sheetrock.
Exactly.
Posted on 3/23/09 at 8:12 pm to Will Cover
I am looking in Broadmoor closer to Airline.
It's older houses and they need updating, but they are built solid, have tons of space, and great yards.
If you aren't afraid of doing a little work there are some good values to be had. Most are in the 85 - 100 per sq ft of living area.
It's not ghetto. It avoids all the traffic of millerville and oneal area.
It's older houses and they need updating, but they are built solid, have tons of space, and great yards.
If you aren't afraid of doing a little work there are some good values to be had. Most are in the 85 - 100 per sq ft of living area.
It's not ghetto. It avoids all the traffic of millerville and oneal area.
Posted on 3/24/09 at 11:17 am to Awful Me
Awful, my wife is a realtor and she has a client that is about to put their house up for sale in Broadmoor.
If you are interested, give her a call at 933-5651. Her name is Melanie.
If you are interested, give her a call at 933-5651. Her name is Melanie.
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