Lafayette Market Analysis

Here is my monthly Lafayette market analysis update for October 2019. The purpose of this article is to describe how the overall Lafayette Parish real estate market is performing. When I am working on an appraisal, I typically do a thorough market analysis for each...

Living Area for Single-Family Homes

Determining the living area of a home can be somewhat challenging in real estate.  Currently, there is not one nationally-recognized standard for measurement that every appraiser must follow.   This can create challenges when measuring a home to list for sale, or when...

What Affects Your Homes Value?

I’m sure you’ve heard the question, “What are the first three rules of real estate?”  The answer that many real estate professionals will tell you is “Location, Location, Location.”  While this may be true, when it comes to valuing your home, appraisers typically use...