Baton Rouge Appraiser William D. Cobb Study Shows Riverside Estates Subdivision Pre & Post Hurricane Katrina Increases 24% 1/05 to 5/07

Accurate Valuations Home Appraisal Group Appraiser, William D. Cobb, in the Baton Rouge, Louisiana market, is pleased to announce a gain in average home prices within Riverside Estates Subdivision. Based on data obtained from The Greater Baton Rouge Board of Realtors, the gain in average homes prices within within Riverside Estates Subdivision Pre to Post Hurricane Katrina has been 24.19%. The median price has increased 28.47%. The average price per sq. ft. has increased .64%.

Market Summary 4/1/2006 to 5/15/2007 POST HURRICANE KATRINA:
Avg Sold: $144,000

Median Sold: $144,000
Avg $/SF: $86.02
Avg Days on the Market: 70
Total# Listings: 1

Low Sales Price: $144,000

High Sales Price: $144,000

Market Summary 1/1/2005 to 8/28/2005 PRE HURRICANE KATRINA:
Avg Sold: $178,833
Median Sold: $185,000
Avg $/SF: $86.57
Avg Days on the Market: 101
Total# Listings: 3
Low Sales Price: $159,500

High Sales Price: $192,000

Data Used With Permission From The Greater Baton Rouge Board of Realtors. This data generally excludes REO/Bank Owned Or Foreclosure Sales.