Villa Del Rey (Baton Rouge, LA)
By Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser
(Accurate Valuations Group, LLC)
Comments 2
 I recently completed a pre-foreclosure home appraisal in Villa Del Rey Subdivision Baton Rouge and Villa Del Rey is no stranger to foreclosure or distressed histories or cycles. Villa Del Rey was developed in multiple filings from late 1950s to perhaps early 1970s. Home sizes range from 1273sf to 4460sf, average 2,100sf +/-. The following is my report on the home sales trends that took place and the prices paid for these homes from October 2014 to November 11, 2015 Year-To-Date.MY CAUTIONARY NOTE TO POTENTIAL BUYERS: I would not advise buyers to pay $95/sf in Villa Del Rey, no matter how updated or renovated. Those buyers that paid TOP DOLLAR in Villa Del Rey immediately after Hurricane Katrina are probably still UPSIDE DOWN, meaning they owe more than homes are worth.  In 2007, median...
Baton Rouge, LA Real Estate Professionals