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Prairieville Louisiana Real Estate News Housing
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Prairieville Louisiana Real Estate News Updates For Housing
Prairieville Louisiana Real Estate News Updates For Housing

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Baton Rouge Great Flood Renovated Home Sales Update February 6 2017, see slideshare below


 


I don't want to over sensationalize here as each day brings more information and apparently more momentum. I'm wondering if there could be a bidding war to some extent due to low inventory. In O'Neal Place 1 recent newly renovated listing sold for full price within 1.5 hours. Another renovated listing on Bonham is pending, listed at $178,000. In Linda Lee Subdivision in Watson, one renovation that had at least 4-5 feet of water sold in 2 days.


 


Not ALL flooded-renovated homes are selling this fast. Of the 54 sales so far, they've sold on average of 44 days and took 61 days to close. However, most of these sold in 2016 before the 2017 momentum kicking in. Some I've appraised finished and move in ready still have not closed...for some reason.


 


By March-April, I expect it to get very interesting...



 
http://www.scoop.it/t/ascension-parish-real-estate-news/p/4074951863/2017/02/06/baton-rouge-great-flood-renovated-home-sales-update-februa?utm_medium=social&utm_source=googleplus
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