Real Estate Information

Baton Rouge Real Estate Blog

Pat Wattam

Blog

Displaying blog entries 1-10 of 414

Why Capital Heights is so COOL!!

by Pat Wattam

Baton Rouge has a lot of different areas of town but none so ecelectic than Capital Heights!  From the cottage style home, both old and new built to look old, diverse resturants, parks, bike paths, and a good walk score - people live in this area to enjoy a lifestyle.  

Check out Bill Arey's Tour of Capital Heights!

Preparing Your House to Sell or Not!

by Pat Wattam

I found this article I wrote back in 2006 and was shocked that nothing has changed in real estate!  Buyers don't want to spend the money doing updates - they want a house ready to go.  This is a relevant today as it was 11 years ago.  Take a few minutes and read this article:

Preparing Your Home for Sale

Each spring you start your annual cleaning and then, one spring you discover that it is just time to move to a new house.  Where do you start to get your house ready for sale?  Many people think that they shouldn’t update their home because the new buyers might not like the colors they pick out….or they don’t want to do minor repairs because they think they will just knock a little off the asking price to compensate.  From my 20+ years of experience I can tell you that the home that looks the best and needs the least amount of work will be the one that sells the fastest and for the highest dollar.  So where do you start?

“Curb appeal!”  Many a house has gone begging for buyers simply because it didn’t “look good” from the street.  It doesn’t matter what’s on the inside if the buyer isn’t willing to walk in the door. What do you notice first when you drive up?  Does the landscaping set the stage for the house?  Is it overgrown or even non-existant??  This is an area where most sellers do not want to spend a lot of time or money.  Often, whatever was there when they purchased the home is still there.  Adding plants with bright colors really makes your house stand out in otherwise dreary weather conditions 

Walk around the house and look for peeling paint, loose or missing shingles, rotten fascia boards, rotten wood frame around windows.  These are items that are considered maintenance and should be done prior to putting the house on the Market.  Believe me, if you see it, the buyer’s inspector will certainly notice it and you’ll end up doing these repairs anyway.  Better to do them now!!!  … and take a quick look at your storage room/boat port/workshop.  If you can’t actually walk in the door, some serious house-cleaning is in order!  

Inside the house--You don’t have to redo the whole house to sell it, but a fresh coat of paint and new carpet with neutral colors will really brighten up your house and make it sell faster.  That wall paper you have had since the 80’s really has to go.  There are ways to cover it without expensive re-papering.  There are many little things you can do, that don’t cost a lot of money and will really make your house sparkle.  Change out light fixtures and knobs on cabinets, especially if yours are really dated.  Paint dark paneling a lighter color, and refinish the tub if it’s really looks bad – no one likes a tub that looks dirty and sometimes the finish is so far gone that you just can’t get it to look clean. Make sure all appliances work and have the HVAC cleaned and serviced – and ask the technician to look at your unit as if YOU were buying it. 

A lot of people ask me if all this is really necessary--since our market has been so strong since hurricane Katrina.  The answer is, “Yes!”  Today we have a lot more buyers who can qualify for a house but really have no available cash, which is why we see so many people getting 100% financing.  They don’t have the funds to update a house or make any repairs.  They will pass up a house that needs updating in favor of another one that is ready to go.

Let me leave you with this thought.  Even if you aren’t planning to sell your house for another year or two, wouldn’t it be great for you to enjoy the benefits of sprucing up your home?  When it’s time for spring cleaning, make a list of a few things that you would like to update and then do them.  When it’s time for you to sell, you will have much less work to do, and you will have had the chance to enjoy the updates yourself!!

Pat Wattam

RE/MAX First Realtors

How Does the New Tax Reform Affect Real Estate

by Pat Wattam

There is a lot of confusion on how the new tax reform will affect real estate and let me say this, please check with your CPA or tax preparer to see how it affect you! Meantime, this is what my take is!

With the new standard deduction almost doubled, people who itemized to take advantage of the mortgage interest tax deduction may be better off just taking the standard deduction. The new standard deduction for 2 people filing jointly is now about $24000 - double what it was last year! You need to crunch the numbers to see if itemizing or using standard deductions will be best for you.

Another item I found interesting is that the interest on a Home Equity Line of Credit is only tax deductible if the money is used to 'substantially' improve the house.

Last, this one might come into play in our area. Deductions for casualty losses are only covered if the loss was attributable to a presidentially declared disaster.

As I said, you need to consult with a tax expert to see how these changes might affect you.

Million Dollar Home Sales

by Bill Arey

2017 saw a new record for million dollar home sales in the Greater Baton Rouge Regionwith 42 properties selling for at least $1,000,000. The previous record was 41 properties in 2007. Sales of million dollar homes hit their lowest level in 2009, when only 11 properties sold. There has been a steady uptick in the last 5 years. What will 2018 see in the luxury home sector of the Market

 

Bill Arey REALTOR

RE/MAX First The Pat Wattam Team

E-Recycling in Baton Rouge

by Leslie Green


As we enter the holiday season, it's important to tidy up the house in order to decorate and entertain. There is a small room in my house where things tend to collect. It's kind of like that room in the Harry Potter series, the Room of Requirement. There many interesting things, including some super-cute little cards hand-made by my children when they were little, but there are also many things I'd rather not think about, like those old laptops that still have some beloved photos.
Laptops
I started to investigate what to do with the old computer equipment, knowing it needs to be "cleaned" and then recycled somewhere. Did you know there is a non-profit computer recycling place in Baton Rouge, the Capital Area Corporate Recycling Council, known as CACRC. CACRC provides low cost refurbished computers to nonprofit, seniors, low income families, veterans and others.They also provide non-profits with electronic equipment at very low prices as well as technical support.

Here is a list of items they will accept for recycling on their website: http://www.cacrc.com/what-we-recycle/

Autumn in Baton Rouge

by Leslie Green

As the weather in Baton Rouge insists on remaining a bit warm, I continue to walk my neighborhood observing the subtle changes of autumn. The state tree, the bald cypress, is actually one of the more noticeable, changing from dark green to bright orange, and the numerous satsuma trees are beginning to show ripe orange fruit. There is also the regular appearance of white pelicans during their migrations. A huge flock has taken up residence on the University Lakes near my house in the last couple of weeks. It’s amazing watching hundreds of pelicans wheeling in the sky!


Pelicans over University Lakes

 

 

Baton Rouge Green has a wonderful event each year at the beginning of December to benefit the Greater Baton Rouge Food Bank. Residents who have citrus trees in their yards can sign up to have some of their fruit picked by volunteers. All the fruit is then donated to the food bank. This year the event will be held on Saturday Dec. 9, 2017. 

 

Check out BR Green’s web site for more details: http://batonrougegreen.com/2017/11/02/almost-pickin-time-sign-up-for-the-pick-event-dec-9th/

Real Estate Market Report - EBR Oct 2017

by Pat Wattam


Here is the Real Estate Market Report for East Baton Rouge Parish for the month of October 2017.  

This snapshot gives you an idea about how the real estate market is doing as we

head into the holiday season.  Want more info?  Just email me at pat@patwattam.com!

 

East Baton Rouge Parish October 2017 Market Report

South_East_Baton_Rouge - Available vs Pending Listings
South_East_Baton_Rouge - Sold vs Expired Listings
South_East_Baton_Rouge - Sold vs Active DOM
South_East_Baton_Rouge - Median Sold Prices (last 6 mos.)
South_East_Baton_Rouge - Median Sold DOM (last 6 mos.)

Powered by Real Market Reports

Veteran's Day 11/11/2017

by Leslie Green


This year as we approach Veteran's Day, I am thinking about my high school radio teacher, John Dobbs, who was inducted into the Baton Rouge High School Hall of Fame a couple of years ago. That's right, my high school had a radio station, WBRH 90.3 FM. 

When I signed up for Radio I in 9th grade, I really didn't know what to expect. What I got was a speech class that also taught radio production skills. Mr. Dobbs taught us how to pronounce the letter W, "It's DOUBLE-U not DUB-YUH!" and while he didn't talk about it, word in the hallway was that he was a veteran, a U.S. Marine who had seen combat in WWII. He definitely seemed like a Marine. 

My senior year in high school I had Radio for home room with my good friend Rob Payer. We hosted the Big Band Show and would regularly serenade each other and Mr. Dobbs with our favorites of the era, like "Slow Boat to China" by the Kay Kyser Band. I like to think that he was pleased that we enjoyed the music of his youth. 

My high school radio station is still going strong, despite Mr. Dobbs retiring a long time ago. And my friend, Rob Payer, continues to work there. On Saturday 11/11/17 at 8 am, WBRH and KBRH will be playing a special tribute to veterans. Tune in to 90.3 FM or 1260 AM for the Rhythm Review.


WBRH

Little Free Libraries

by Bill Arey

The first Little Free Library was built in 2009 by Todd Bol in Hudson, Wisconsin. He mounted a wooden container designed to look like a one-room school house on a post on his lawn and filled it with books as a tribute to his mother, who was a book lover and school teacher. Todd shared his idea with his partner, Rick Brooks, and the idea spread rapidly - soon becoming a worldwide sensation. Little Free Library officially incorporated on May 16,2012 and the IRS officially recognized Little Free Library as a 501c3 nonprofit organization in the same year.  The original goal was to create 2,150 Little Free Libraries. This number was chosen because it would surpass the number of libraries founded by Andrew Carnegie. As of November 2016, there were 50,000 registered Little Free Libraries worldwide. There are many Little Free Libraries in Baton Rouge. 225 Magazine published an excellent article about Baton Rouge's Little Free Libraries 4/27/2016. To read the article click: BR Little Free Libraries

 

Bill Arey  REALTOR

RE/MAX First  The Pat Wattam Team

225-291-1234   225-298-6900

bill@patwattam.com

Fall Fun at the LSU Ag Center at Bruden

by Pat Wattam

Fall is finally in the air and one of the fun places to go in Baton Rouge this time of year is the LSU Ag Center at Burden on Essen Lane.  Walking paths and the museum are always available, but this time of year is the most fun with the CORN MAZE.  Corn Maze Saturdays at the LSU AgCenter Botanic Gardens, Oct 10, 17 and 24, 10 a.m.-6 p.m. feature hay mountain climb, corn maze, hayride, giant slingshot and plenty of concessions to enjoy. Visitors may purchase corn dogs, popcorn and drinks from Burden Horticulture Society volunteers. Admission $7 per person, including concession tickets; children 3 and under free.

Displaying blog entries 1-10 of 414

Syndication

Categories

Archives

Share This Page

Contact Information

Photo of Pat Wattam Real Estate
Pat Wattam
RE/MAX First, Independently Owned and Operated
4750 Sherwood Common
Baton Rouge LA 70816
Office Direct: 225-298-6900
Office Main: 225-291-1234
Fax: 225-295-1234

RE/MAX First
Each Office Independently Owned and Operated
Main: 225-291-1234

Licensed by the Louisiana Real Estate Commission