Burgeoning Opportunities in the Baton Rouge Real Estate Market

By: Art Gib

If you are looking for a home in Louisiana, Baton Rouge real estate can provide you with a lot of different options. As one of the fastest growing cities in the South, Baton Rouge neighborhoods are plentiful and varied.

For older homes, buyers should shop in the center of the city. For example, the Garden District, which is just south of the Down Town area, is the oldest subdivision in Baton Rouge. It is famous for its Queen Anne Colonial architecture and for the Cherokee roses throughout the development.

If price is more of an issue than design a few of the most popular and affordable neighborhoods include Zachary, Baker, and Brownsfield. Houses in these neighborhoods usually cost anywhere from $117,000 to $150,000. South Baton Rouge is also a popular area, but it is definitely more expensive because houses in that area sell for $245,000 or $275,000. In general, the southern neighborhoods are more expensive than the northern neighborhoods.

Condos, apartment building, single family homes, multi-family homes, commercial property and empty lots are all available on the Baton Rouge real estate market. Even though there are hundreds of existing homes on the market, a lot of newcomers decide to build. After all, the median cost for building a new home in Baton Rouge is only about $218,000 and building allows people to design a home exactly how they want it. Before you begin planning the structure, it would be wise to find the land first. Fortunately, there are plenty of lots on the market which makes it easy to find an attractive site for construction.

If you want to enjoy the flourishing economy in Baton Rouge without spending a lot on housing, you might be lucky enough to find a few foreclosures that meet your budget and your needs. Foreclosures are usually a little harder to find and less plentiful than normal real estate listing, but they can become really good deals. For example, you might be able to get a $189,000 home for as little as $76,000.

One of the best ways to find what you are looking for quickly is to hire a local Baton Rouge Realtor. Their experience and connections help them recognize good deals and make it possible for them to show you the newest homes on the market. They can also give you realistic estimates of home values and bargaining advice before closing a deal and overseeing all the legal logistics.

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