Baton Rouge Real Estate Appraisers News The New Stone Hill Subdivision in Denham Springs, Louisiana

    /24-7PressRelease/ - BATON ROUGE, LA, May 19, 2007 - The New, Upscale Stone Hill Subdivision, Denham Springs, Louisiana Residential Report on the new, upscale Stone Hill Subdivision located in Denham Springs, Louisiana. This new development is located near the intersection of Highways 16 & 447, not too far from Port Vincent. According to the development sign and legal news, the developer is Paragon Building & Construction, Inc.. This new development is in 2 filings, first filing comprising 46 lots generally averaging 80' x 150' in lot size. Filing 2 will consist of lots 47-75. Lots 29-36 have a small pond view at the rear of each lot. According to legal news, lot sold prices for individuals have ranged from $42,000 up to $55,000 and to builders buying bulk lot purchases from $94,000 for 2 lots up to $265,000 for 5 lots. According to legal news, the current builders appear to be Joseph R. Ballard Jr., Chad Carlton Builders & Design, Advance Construction, Comfort Construction, Smith & Sons Builders, J&C Contractors, Michael Kabel and Ronald Chan.

According to MLS and 1 builder flyer, these homes range in living area size from 1,910sf up to 2,356sf, having 3 or 4 bedrooms and 2.5 to 3 bathrooms, and are offered for sale from $242,900 up to $314,500 or $127/sf up to $133.49/sf. Nine (9) homes are actively listed with no homes pending or under contract at this time. Homes offered for sale generally boast amenities such as ceramic tile, wood & carpet flooring, granite counter tops in Kitchen, crown molding, high ceilings, ceiling fans, whirlpool tub and separate shower in Master Bathroom, computer nook and sod and landscaping in front yards.

Location and Price. At first glance, the pricing of the lots and homes appears to be strong for the location. Yes, the marketing time period may be longer than average. Pre-Katrina, new construction in Livingston Parish was selling far below EBR & Ascension Parishes. It took a Katrina to even out pricing. However, William recently moved to a location 4 miles south of Denham Springs off Hwy 16 and have found the location helps avoid the parking lot that Interstate 12 and Florida Blvd is prone to become by driving the back route down Hwy 16 to Prairieville and connecting to Baton Rouge. The traffic situation WILL NOT improve in the Denham Springs/Walker market until 6 to 8 lane Interstates are built (Hello Congressman Baker), Florida Blvd is widened and thoughtful infrastructure is implemented within Denham Springs itself, which is not re-routing Range Avenue north through Rodeo Drive. Those driving this back route north on Hwy 447 for the drive home into Walker in the evenings know that Hwy 447 generally backs up 1 to 2 miles before you even get to Walker. With the increasing frustration of the daily drive to work every where you drive in our Metro-Area, I predict that you will see more developments like Stone Hill in outlying areas. Not necessarily because of the country feel and larger lots, but for the better and less frustrating commutes to work. And, the new schools for this outlying area have around been planned and the land purchased.

Accurate Valuations Group Appraiser, William D. Cobb, has operated as a home appraiser for 15 years now primarily in the Greater Baton Rouge, Louisiana market. William lives and operates his appraisal business in Denham Springs/Livingston Parish. For more information on Accurate Valuations Home Appraisal Group, visit Baton Rouge Real Estate Appraisers.

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