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Tara Subdivision Baton Rouge Home Sales 2011 to 2018 1900 sqft to 2400 sqft

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Tara Subdivision Baton Rouge Home Sales 2011 to 2018 1900 sqft to 2400 sqft.

This is a study for a reader of mine who asked if Tara Subdivision home prices are up since his early 2011 purchase?
And, if Tara values are up after the Great Flood of August 2016 because Tara did not flood?

The chart shows the obvious answer, which is YES to both. However, the reason isn't just normal home price appreciation though.

Given the favorable location near the center of Baton Rouge, convenient within 10 minutes of so many needed facilities, and the aging homeownership rate and estate sales, home flippers have targeted Tara for renovation flips. And, buyers are choosing Tara paying from $250,000 to $315,000 for 1900sf to 2400sf homes, some with very nice renovations, all the while preserving some of the wood inside these homes lacking in today's new construction.

Bill Cobb Appraiser 225-293-1500

Published in: Real Estate
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Tara Subdivision Baton Rouge Home Sales 2011 to 2018 1900 sqft to 2400 sqft

  1. 1. $140,000 $150,000 $160,000 $170,000 $180,000 $190,000 $200,000 $210,000 $220,000 $230,000 $240,000 $250,000 $260,000 $270,000 $280,000 $290,000 $300,000 $310,000 $320,000 $330,000 3/25/2011 5/25/2011 7/25/2011 9/25/2011 11/25/2011 1/25/2012 3/25/2012 5/25/2012 7/25/2012 9/25/2012 11/25/2012 1/25/2013 3/25/2013 5/25/2013 7/25/2013 9/25/2013 11/25/2013 1/25/2014 3/25/2014 5/25/2014 7/25/2014 9/25/2014 11/25/2014 1/25/2015 3/25/2015 5/25/2015 7/25/2015 9/25/2015 11/25/2015 1/25/2016 3/25/2016 5/25/2016 7/25/2016 9/25/2016 11/25/2016 1/25/2017 3/25/2017 5/25/2017 7/25/2017 9/25/2017 11/25/2017 1/25/2018 3/25/2018 5/25/2018 SoldPricesReportedInGBRARMLS Sold Date Ranges Source: GBRAR REALTORS/MLS Study by Bill Cobb Appraiser 225-293-1500 Tara Subdivision Baton Rouge Sold Prices of 1900 sqft to 2400 sqft Homes Average was $180,000 early 2011 and $250,000 7/4/2018 due to desire for renovated homes within An approximate 39% INCREASE The extremely high sales prices over $280,000 were generally total renovations (outliers) Sold Price Poly. (Sold Price) POST FLOOD SALES PERIOD

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