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 | Process, Real Estate Expert
If you’re in the market to buy or sell a property, you may have heard the term “appraisal” thrown around. But what exactly is an appraisal, and why is it important? In this blog post, we’ll dive into the basics of the appraisal process and help...
by Lane Duplechin | Uncategorized
Check out our snapshots of residential sales data across the Acadiana parishes for the month of February For all the parishes combined, sales volumes were about 18% higher than January but still 33% lower than February last year. Average and median sales prices...
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 | Divorce Appraisals, Uncategorized
Divorce is never an easy process, and dividing assets can be especially challenging. One of the most significant assets that often need to be divided is the marital home, and determining its value can be a crucial step in the process. In this article, we’ll...
by Lane Duplechin | Uncategorized
🚨 The sales to list ratio for Acadiana is trending lower and currently stands around 92%. This indicates homes in the area are selling for around 8% less than their original list price. This shift the market means that buyers have more bargaining power and greater...
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...
by Lane Duplechin | Property Values, Real Estate Expert
In some areas, data collectors are hired by appraisal management companies (AMCs) to complete the home/site visit. These data collectors are not certified appraisers. Background checks and adherence to strict professional and ethical standards are required for...
by Lane Duplechin | For Sale by Owner, Property Values, Real Estate Expert
An appraisal may be just what you need to get that property sold QUICK while still maximizing your PROFIT! Overpricing (and underpricing) can be risky! The Acadiana real estate market has seen massive changes over the past few months. Appraisers study the market...
