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Baton Rouge Property - Buying Baton Rouge Property for Sale

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Baton Rouge is the capital of the state of Louisiana, and it is the second-largest city in the state after New Orleans. The city has a population of 227,017 but there are over 750,000 in the metro area. The city is situated in East Baton Rouge Parish on the first bluff north of the Mississippi River delta. The history of Baton Rouge can be traced back to 1699 but it was not widely settled until the French-speaking Acadians were forced out of Canada in 1755. In the late 1800s, the city still only had a population just over 5,000, but midway through the 20th century, the booming petrochemical industry caused the population to surge.

In the 1990s, another boom saw a tremendous growth in commercial and residential buildings and the city is still considered one of the fastest-growing in southern United States. After hurricane Katrina forced many people out of their homes in New Orleans, many displaced residents decided to stay.

There is no shortage of Baton Rouge property for sale. Vacant lots, virgin lands, and existing structures make for a vibrant market. Single family houses are the most often sold property in Baton Rouge, but those who prefer an urban landscape are moving into the city’s high-rise condominiums and starting businesses in an already-developed downtown area.

The Baton Rouge property market generally supports 1,500 to 2,000 homes for sale at a median price of $180,000. There are also a large number of foreclosures at a much lower median selling price of $135,000. The asking price for residential Baton Rouge property, at just over $250,000 is much higher than the selling price, so it is still a buyer’s market. This is not expected to change for several years to come. Besides single-family houses and condominium units, the residential market also supports a number of duplexes, and multi-unit structures of 4 to 8 residences. Historic Baton Rouge property is for sale for those looking for it.

Many people looking for residential property in Baton Rouge steer straight toward one of the many new Baton Rouge subdivision communities. These are well-manicured communities that have both prebuilt homes with a number of different floor plans or empty lots ready for new construction. All of these communities are handled by multiple real estate agents so most of the big names in Baton Rouge property sales can be contacted for viewing or purchase information.

Some of the more popular communities with Baton Rouge property for sale include the following:

Arbor Walk – Arbor Walk is located near South Harrell’s Road in one of the fastest-growing regions of the city. The community has access to I-12 for transportation needs and is near plenty of entertainment, dining, and shopping centers. Streets are illuminated by tall window lamps of black aluminum and there are a number of open, green common areas. There are a total of 73 lots in the subdivision that range in price from $50,000 to $73,000.

Hoo Shoo Too Lakes – This is currently a very small community consisting of only nine properties. However, two new properties have just been built with more expected soon. This community is located at the end of Hoo Shoo Too Road near Mallard Lakes. There are two small lakes in this communities surrounded by old oaks to give it the look of a nature retreat, but in actuality it is only minutes away from the Mall of Louisiana and a large medical center. This location gives residents the best of two worlds. Home designs feature versatile floor plans inspired by a combination of European, Caribbean, and local architecture with stucco finishes complemented by copper awnings and arched doorways. Prices start at $190,000 and there is a fully-furnished model home available for touring.

Jefferson Retreat – Jefferson Retreat is a subdivision of new homes in an area that has already been established. This infill development community is new and is composed of eleven luxury properties along private streets complete with fences and gates. Common areas, including a children’s playground, are also gated for safety. The homes here are done in a French style that includes a combination of stucco and brick. Plank exteriors require little to no maintenance. Floor plans include large common areas, traditional of southern living, so friends and family can gather together and socialize. Ceilings are high and windows are tall and large. Of the original 36 lots, 32 have already been built. Prices start at $290,000 and go upward to $340,000.

These are but samplings of residential Baton Rouge property for sale. There are several more to choose from accommodating all budgets and lifestyles.

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