Posted by
Message
Jim Smith
Member since May 2016
2915 posts

Developer Wants to Sell Modular Homes In Mid City
If anybody doesn't think the Baton Rouge real estate market is jacked as F, there is now a developer trying to sell mobile homes for $174 a sq/ft in Mid City. Can't make that shite up. $217,500 for a 1,256 sq/ft home. The only housing crises we are in is the one created by greedy real estate agents and developers. Freaking mobile home for $174 sq/ft


LINK

A first-of-its kind modular home is on the market in Mid City, an area where you might not typically expect to find prefabricated housing.

But developers Jak Kunstler and Susannah Bing hope it will be the first of many modular homes in Baton Rouge that could prove to be a solution to a housing shortage in older neighborhoods.

“We’re in a housing crisis,” says Bing, a former executive with the East Baton Rouge Redevelopment Authority, who teamed up with Kunstler two years ago to launch Louisiana Purchase Real Estate and Development. “There are people moving to Baton Rouge who want the nightlife, restaurants and activity that are closer to downtown, yet there are very few houses that are available or in good condition and they are priced out of that market. We see this as a tool to provide new housing in older neighborhoods, whether that is market rate or affordable.”

The 1,256-square-foot home Bing and Kunstler recently completed is located at 111 West Dr., between North Boulevard and Government Street. It looks akin to other nearby Mid City cottages that were built 70 or 80 years ago. It sits on a pier-and-beam foundation, has three bedrooms and two baths, and a front porch with white-trimmed wood work. The partners have two similar houses planned for adjacent lots on West Drive.

“I think there is a stigma about modular housing to a certain extent,” Bing says. “Nobody really understands what a modular house is. Everybody thinks it’s some house trailer. It couldn’t be more different. … We tweak the houses to make them more south Louisiana.”

Bing and Kunstler say they aren’t hanging out a retail shingle and selling modular homes. Rather, their business plan calls for infill development projects in neighborhoods where additional housing is needed. They’re looking to acquire vacant lots or adjudicated properties from the city-parish and redevelop the sites with their modular homes.

“Right now we’re focused on Mid City because that’s the area we know,” she says. “But these could easily go in north Baton Rouge or Old South Baton Rouge. These houses fit on our narrow, long lots and they look like they’ve always belonged in our neighborhoods. They don’t look like trailer houses.”

The home on West Drive is listed at $217,500, which is market rate. Bing says the trim levels on the homes can be customized so they could be sold at market rate or as affordable housing, depending on where they’re located and the need that exists in that area.


tke857
UTEP Fan
Member since Jan 2012
12140 posts

re: Developer Wants to Sell Modular Homes In Mid City


OysterPoBoy
LSU Fan
City of St. George
Member since Jul 2013
17883 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
If people buy them they weren't overpriced.


junkfunky
LSU Fan
Member since Jan 2011
27727 posts

re: Developer Wants to Sell Modular Homes In Mid City
quote:

“I think there is a stigma about modular housing to a certain extent,” Bing says. “Nobody really understands what a modular house is. Everybody thinks it’s some house trailer.


quote:


Developer Wants to Sell Modular Homes In Mid City


quote:

If anybody doesn't think the Baton Rouge real estate market is jacked as F, there is now a developer trying to sell mobile homes for $174 a sq/ft in Mid City.


Checks out


Replies (0)
Replies (0)
70
RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
181832 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
quote:

The only housing crises we are in is the one created by greedy real estate agents and developers. Freaking mobile home for $174 sq/ft


How are developers the problem if people are paying the price?


Chad504boy
New Orleans Saints Fan
Member since Feb 2005
138904 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
quote:

mobile homes for $174 a sq/ft in Mid City


modular... and land value is still to be accounted for.


Replies (0)
Replies (0)
110
CuseTiger
Syracuse Fan
Member since Jul 2013
6123 posts

re: Developer Wants to Sell Modular Homes In Mid City
(no message)
This post was edited on 7/29 at 11:16 pm


Replies (0)
Replies (0)
41
Steadyhands
LSU Fan
Slightly above I-10
Member since May 2016
3421 posts

re: Developer Wants to Sell Modular Homes In Mid City
Would have to pay me to live there....And I'd still rather gladly pay my mortgage for the house I have now over being paid to live there.


Replies (0)
Replies (0)
19
upgrayedd
Lamar Fan
Lifting at Tobin's house
Member since Mar 2013
102819 posts

re: Developer Wants to Sell Modular Homes In Mid City
Honestly, that doesn't look any different than most mid city homes that people shell out big bucks for. If this pushes the ghetto further from downtown, I may be for it.


Replies (0)
Replies (0)
300
tke857
UTEP Fan
Member since Jan 2012
12140 posts

re: Developer Wants to Sell Modular Homes In Mid City
quote:

How are developers the problem if people are paying the price?



I think it takes two to tango. it takes a sleezy developer to put something hideous like that in midcity then it takes an idiot buyer to actually buy it for that price.
This post was edited on 3/23 at 11:10 am


RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
181832 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
Modular homes =/= mobile homes.


Bard
LSU Fan
Tigerdroppings Platinum Member
Member since Oct 2008
36803 posts

re: Developer Wants to Sell Modular Homes In Mid City
quote:

“We’re in a housing crisis,” says Bing,


Tell that to all the empty Perkins Rowe condos



Replies (0)
Replies (0)
80
upgrayedd
Lamar Fan
Lifting at Tobin's house
Member since Mar 2013
102819 posts

re: Developer Wants to Sell Modular Homes In Mid City
quote:

I think it takes two to tango. it takes a sleezy developer to put something hideous like that in midcity then it takes an idiot buyer to actually buy it for that price

Like I said, those side streets off Capital Heights have houses that look just like those modular homes. Actually, I think some similar homes like these have already been built in that area, IIRC.
This post was edited on 3/23 at 11:14 am


tke857
UTEP Fan
Member since Jan 2012
12140 posts

re: Developer Wants to Sell Modular Homes In Mid City
I will defer to people more familiar with the area. Ive lived all my life off of Highland so I am no expert in that area. If that's the style of houses down there and it "fits" in then I guess it isnt a huge problem. Just still seems crazy a modular home is going for that price.


RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
181832 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
quote:

think it takes two to tango. it takes a sleezy developer to put something hideous like that in midcity then it takes an idiot buyer to actually buy it for that price.


What's sleezy about modular housing?


burgeman
Southeastern LA Fan
Member since Jun 2008
9410 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
It fits in fine, I drive past them and if you weren't looking for them you wouldn't even notice


Replies (0)
Replies (0)
10
Jim Smith
Member since May 2016
2915 posts

re: Developer Wants to Sell Modular Homes In Mid City
$174 sq/ft before the flood bought a nice house. Now it buys a home that was put together in sections.


tke857
UTEP Fan
Member since Jan 2012
12140 posts

re: Developer Wants to Sell Modular Homes In Mid City
quote:

What's sleezy about modular housing?



sleezy may not have been an appropriate word but to each his own when looking for housing. For $220k you can buy something nicer and bigger in BR and IMO a better location.


Replies (0)
Replies (0)
14
weadjust
Member since Aug 2012
9401 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
quote:

Modular homes =/= mobile homes.


Are they modular homes or mobile homes?

Modular
Modular homes come pre-built in sections from the factory.
Modular homes are then transported to the building site on truck beds, and set together using by a large crane and construction workers at the building site.

Mobile
Manufactured houses are pre-constructed completely in the factory on a permanent, fixed steel chassis.
Manufactured homes have wheels which are typically detached once the unit is towed to the residence.


Replies (0)
Replies (0)
30
DownSouthDave
USA Fan
Christiansted
Member since Jan 2013
6723 posts
 Online 

re: Developer Wants to Sell Modular Homes In Mid City
Modular homes are not mobile homes. Not even close. They can be built to whatever standards someone wants.

I wouldn't mind a home being built in a factory. Have you seen some of the subs building houses? Doesn't inspire confidence.


first pageprev pagePage 1 of 4next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram