by Lane Duplechin | Property Values, Real Estate Expert, Uncategorized
When it comes to the home buying and selling process, understanding the difference between a home appraisal and a home inspection is crucial. Both serve unique purposes and play important roles in ensuring a successful real estate transaction. This article will...
by Lane Duplechin | Property Values, Real Estate Expert
Sales volume in March increased by 26% compared to February, which is a typical seasonal trend for this time of year. Despite this increase, average and median sales prices remained stable month over month and continue to be higher than average. Additionally,...
by Lane Duplechin | Property Values, Real Estate Expert
When it comes to determining the value of a property, there are several tools available, including comparative market analysis (CMA), an appraisal, and online valuation tools offered by websites like Zillow. Each tool has its strengths and weaknesses. ...
by Lane Duplechin | Property Values, Real Estate Expert
Appraisers select comparable properties, or “comps,” to help determine the value of a subject property. By analyzing the sale prices of similar properties, appraisers can estimate the market value of the subject property. It’s crucial to take into...
by Lane Duplechin | Successions
An appraisal is often needed for succession purposes to determine the fair market value of a loved one’s property. This is necessary for estate settlement and inheritance purposes. This is important because the value of the property may be used to determine...
by Lane Duplechin | Market Update, Property Values, Real Estate Expert
Check out our snapshots of residential sales data across the Acadiana parishes for the month of January. Overall, sales volumes fell in comparison in last month. Average and median sales prices are trending lower again this month. The sales to list ratio is widening...
