greater baton rouge great flood august 2016 currently damaged house sales study

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Page 1: Greater Baton Rouge Great Flood August 2016 Currently Damaged House Sales Study

GREATER BATON

ROUGE’S GREAT

FLOOD AUGUST

2016 DAMAGED

HOUSE SALES

REPORT, HOW

MUCH OF A

DISCOUNT IS

TAKING PLACE

BEFORE COST TO

REPAIR? Based on information from Greater Baton Rouge Association

of REALTORS®\MLS for period 08/20/2016 to 10/10/2016,

extracted on 10/10/2016.

Page 2: Greater Baton Rouge Great Flood August 2016 Currently Damaged House Sales Study

Greater Baton Rouge's Great Flood August 2016 Damaged Home Sales Study

Address City Subdivision

Living

Area

Pre-Flood

Value Estimate

Sales

Price

Sales

Price/sf Loss

Loss

/sf

%

Loss

8120 E Belvin Baton Rouge Forest Heights Pk 3600 $100,000 / $28/sf $68,000 $19 $32,000 $9 -32%

7735 Blake Baton Rouge Antioch Villa 1370 $120,000 / $88/sf $65,000 $47 $55,000 $41 -46%

16402 Bonham Baton Rouge O'Neal Place 1689 $118,000 / $70/sf $55,000 $33 $63,000 $37 -53%

12342 Brookshire Baton Rouge Sherwood Forest 2464 $187,000 / $76/sf $126,270 $51 $60,730 $25 -32%

32752 Carol Ann Denham SpringsLynda Lee 1004 $85,000 / $85/sf $45,000 $45 $40,000 $40 -47%

10024 El Camino Baton Rouge Villa Del Rey 1804 $125,000 / $69/sf $50,000 $28 $75,000 $41 -60%

12338 Fairhaven Baton Rouge Sherwood Forest 1943 $155,000 / $80/sf $80,000 $41 $75,000 $39 -48%

5029 Fryers Central Ridgewood 1365 $101,000 / $74/sf $60,000 $44 $41,000 $30 -41%

505 Glenwild Baton Rouge Sherwood Forest 2133 $154,000 / $72/sf $80,000 $38 $74,000 $34 -48%

515 Glenwild Baton Rouge Sherwood Forest 1841 $138,000 / $75/sf $75,000 $41 $63,000 $34 -46%

8995 Gov Pleasant Baton Rouge Pleasant Hills 1283 $73,000 / $57/sf $50,000 $39 $23,000 $18 -32%

4409 Greenwood Baker McHugh 915 $60,000 / $66/sf $22,000 $24 $38,000 $42 -63%

14245 N Holly Baton Rouge Donwood 1495 $80,000 / $54/sf $42,000 $28 $38,000 $26 -48%

20042 La Hwy 16 Denham SpringsRural Tract 1436 $160,000 / $111/sf $75,000 $52 $85,000 $59 -53%

3947 Linstrom Baton Rouge Monticello 1510 $85,000 / $56/sf $50,000 $33 $35,000 $23 -41%

12619 E Millburn Baton Rouge Sherwood Forest 2445 $185,000 / $76/sf $115,000 $47 $70,000 $29 -38%

1440 MontgomeryBaton Rouge Sherwood Forest 2267 $172,000 / $76/sf $75,000 $33 $97,000 $43 -56%

12347 Parkwood Baton Rouge Sherwood Forest 2030 $162,000 / $80/sf $86,300 $43 $75,700 $37 -47%

1456 Pelham Baton Rouge Sherwood Forest 2420 $179,000 / $74/sf $75,000 $31 $104,000 $43 -58%

210 Pine Denham SpringsCockerham Acres 1164 $95,000 / $82/sf $55,000 $47 $40,000 $35 -42%

3012 Quebec Baton Rouge Village Cote 1650 $52,000 / $32/sf $13,000 $8 $39,000 $24 -75%

3023 Quebec Baton Rouge Village Cote 1589 $56,000 / $35/sf $22,000 $14 $34,000 $21 -61%

15532 Riverdale Baton Rouge Riverdale 1073 $92,000 / $86/sf $49,000 $46 $43,000 $40 -47%

7250 Ruston Baker Brown Heights 1382 $97,000 / $70/sf $45,000 $33 $52,000 $37 -54%

26155 Shadow BrkDenham SpringsShadow Springs 1496 $105,000 / $70/sf $55,000 $37 $50,000 $33 -48%

835 Shady Glen Baton Rouge The Woodlands 2315 $200,000 / $86/sf $142,000 $61 $58,000 $25 -29%

Page 3: Greater Baton Rouge Great Flood August 2016 Currently Damaged House Sales Study

12474 Sherbrook Baton Rouge Sherwood Forest 2050 $164,000 / $80sf $95,000 $46 $69,000 $34 -42%

12520 Sherbrook Baton Rouge Sherwood Forest 1838 $147,000 / $80/sf $110,000 $47 $37,000 $33 -25%

1109 Stokley Pl Baton Rouge Sherwood Forest 2566 $187,000 / $73/sf $85,000 $33 $102,000 $40 -55%

13122 Sugar Bowl Baton Rouge Sugar Mill Ridge 1470 $129,000 / $88/sf $73,500 $50 $55,500 $38 -43%

10828 Toledo Bend Baton Rouge Park Forest 1800 $132,000 / $73/sf $60,000 $33 $72,000 $40 -55%

7720 Vice PresidentBaton Rouge Old Jefferson 1545 $130,000 / $84/sf $40,000 $26 $90,000 $58 -69%

12633 Warwick Baton Rouge Sherwood Forest 2496 $182,000 / $73/sf $99,000 $40 $83,000 $33 -46%

4406 Wimbish Baker Baker Estates 951 $42,000 / $44/sf $22,000 $23 $20,000 $21 -48%

1315 Woodcliff Baton Rouge Sherwood Forest 3034 $210,000 / $69/sf $105,000 $35 $105,000 $34 -50%

1322 Woodcliff Baton Rouge Sherwood Forest 2297 $175,000 / $76/sf $80,000 $35 $95,000 $41 -46%

15013 Woodmoss Baton Rouge The Woodlands 1800 $160,000 / $89/sf $65,000 $36 $95,000 $53 -59%

15611 Woodmoss Baton Rouge The Woodlands 2250 $193,500 / $86/sf $100,000 $44 $93,500 $42 -48%

Average Loss Pre-Flood vs Flooded-Gutted Sale: 48%

Five Highest % Losses: 75%, 69%, 63%, 61% and 60%

Average Sales Price: $68,686

Average Sales Price Loss: $63,000

Average Loss Per Sq. Ft.: $37/sf

Average Size Home: 1,836sf

Study By Bill Cobb Appraiser 225-293-1500 www.batonrougehousingreports.com

Data used with permission of Greater Baton Rouge Association of REALTORS / MLS from 08/20/2016 to 10/10/2016

extracted on 10/10/2016