Denham Springs, LA

http://www.southpointappraiser.com/ - Denham Springs Real Estate News: South Point Subdivision 2008 Solds Update With Charts

Below is 2 recent charts I completed reporting on the 2008 solds within South Point Subdivision Year To Date. According to the GBRAR MLS, there have been 36 sales in 2008 YTD, with one being an REO/Foreclosure sale. This REO was left out of the charting below. South Point data is presented with the permission of GBRAR.

The first chart shows the relationship between sales prices and living area sizes. The living area size are at the bottom of the first chart.

The second chart shows the relationship between sold prices per sq. ft. and living area sizes. The sold prices per sq. ft. are at the bottom of the second chart.

Also, Here's a Recent South Point Homeowner's Assocation Update:

"In response to a request/suggestion made by a homeowner that attendance at the annual meeting would increase if the meeting was held on a weekend in lieu of a weekend evening, we are proposing that the 2009 Annual Meeting be scheduled for Saturday, January 10, 2009, at 10:00 - 11:00 a.m. Research is currently underway as to whether there are any major sports events on that date/time which may cause an attendance conflict for many homeowners. We would greatly appreciate everyone's feedback as to whether a weekend meeting is preferable. Please email your response indicating whether you prefer to attend a Saturday mid-morning meeting.

Please note: effective with the 2009 year (Bylaws, Amendment No. 8, Art. 4), the Board of Directors will be comprised of five members. Three of the current Board members will be retiring after serving their three year term. Therefore, two vacancies are open for election in 2009. If you are interested, please complete the attached Candidacy Notice. This form should be returned by the January 7, 2009 deadline in order that all nominees are included on the agenda and ballots. Should the date of January 10, 2009 change, the deadline date to return the Candidacy Notice will be changed accordingly. Please limit your response to this email with the question poised above. Emails on other concerns or subjects should be sent separately. Your cooperation is appreciated! Board of Directors
South Point Homeowner's Association, Inc.
P. O. Box 1496
Denham Springs, LA 70727-1496
225-610-9578
www.southpointsubdivision.com "

http://denhamspringsappraisers.com/ - Denham Springs Real Estate: What's Been Happening In Audubon Village Subdivision Since 1/1/2007?

I recently completed a home appraisal in Audubon Village Subdivision In Denham Springs and made this discovery below.

Solds In Audubon Village from 1/01/07 to 9/11/08 revealed:
Average Sales Price: $175,280
Average Sold Price Per Sq. Ft.: $103.11/sf
Median Sold Price: $152,450
Low Sales Price: $138,000
High Sales Price: $250,000
# of Sales: 10
Average # of Days On Market: 51 Days On Market

Approx. 75% of Audubon Village Subdivision is made up of homes under $160,000 in the 1,298sf to 1,600sf living area range. However, during this time period, there were 4 higher priced sales @ $175,000, $215,000, $249,900 and $250,000 having 2,030sf up to 2,845sf that skewed the average sales price higher than normal. The most accurate representation of a general value range within Audubon Village is the median sales price of $152,450.

Author's Bio:

Bill Cobb, CREA, is Greater Baton Rouge's favorite and most reputable home appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. A home appraiser with 16 years experience, Bill Cobb brings a wealth of knowledge to the table as a home appraiser.

Bill's company, Accurate Valuations Home Appraisal Group, serves Greater Baton Rouge (East Baton Rouge Parish, West Baton Rouge Parish, Western Livingston Parish and Northern Ascension Parish). Denham Springs in located in Western Livingston Parish.

Contact Bill Cobb and Accurate Valuations Home Appraisal Group for your next home appraisal:

Office: 225-293-1500

Fax: 1-866-663-6065

fastvalue2@cox.net

http://www.denhamspringshomeappraisals.com/