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Archive for January, 2010

The Benefits of Real Estate Investing in Baton Rouge

Thursday, January 28th, 2010

Baton Rouge, Louisiana, offers a variety of historical real estate and new development opportunities for investors. Louisiana real estate is ripe with history and unique features, particularly the homes located in the Baton Rouge area. This important city combines a rich history dating back to 1700′s as well as a current boom in new construction and technology.

There are several large real estate projects currently underway or recently completed, including condos, apartments, and business towers. Whether you’re interested in investing in pre-existing or constructing new real estate, Baton Rouge, Louisiana is prime location to begin your search.

Baton Rouge real estate is rife with new development and construction projects that aim to preserve the culture and charm of Louisiana while maintaining a modern standard of comfort and aesthetics. Blending the past with the present is a popular choice, attracting new residents as well as keeping older Baton Rouge generations pleased with new developments.

Residential Investment: Baton Rouge real estate is charmingly diverse, ranging from ultra-modern apartments to plantations and bungalows. Many properties combine several architectural and historical elements to create a uniquely individual piece of real estate.

Although the real estate market is sluggish, historical homes or real estate in historical neighborhoods tends to hold its value better than modern counterparts. Niche markets, such as unique architecture, can fetch higher prices and serious buyers even during difficult economic periods. There will always be a demand for the unusual, which makes Louisiana real estate a wise investment.

Renovations: Many properties in Baton Rouge are ready for renovations, whether the building has been left to decay over time or suffered from hurricane damage. Skilled renovators can often make a large profit with minimal initial investment.

Even hiring professional contractors to complete the project can generally still provide a savvy seller with a reasonable sales profit. Or, if you’re a do-it-yourselfer, this Louisiana city offers terrific renovation gems that could eventually create great profits for you over time with some hard work and creativity. Renting real estate to buy or leasing is another potential option during difficult economic times.

An experienced realtor can help you explore the various investment opportunities available in Baton Rouge, Louisiana real estate. Property can help you expand and balance your investment portfolio, for some it even provides a reliable stream of extra income which can be reinvested or simply saved away.

The Beauty of Madisonville, Louisiana

Thursday, January 28th, 2010

Madisonville, Louisiana is one of the oldest communities within the state of Louisiana and has many of the great things that Louisiana has to offer. It was originally named Cokie from the French word Coquille, which means shell. Later, the town decided to change the name to Madisonville in the early 1800′s to honor President James Madison. It sits on the Tchefuncte River which means that the history of the town has been heavily influenced by water. The site has eight sites listed on the National Historic Register.

Part of the town sits on Jahcke Shipyard where thousands of people used to work and earn a living for years. During the early 1900′s many individuals decided to come by boat during the summer and weekend. They come to see the historic Greek revival to Creole cottage. There are also several museums such as the Lake Ponchartrain Basin Maritime Museum which many visitors each year. In this museum and others there are millions of historic artifacts which document the time of the Indians and the explorers.

Visitors and residents also go to see the Fairview-Riverside State Park which is located just east of town. On hot days, you can see many people outside having a picnic, playing games or taking a leisurely stroll. The park sits right next to the Otis House which is an early Victorian home built in the 1880′s by W. T. Jay. Frank Otis. It was then purchased, remodeled and donated to the state. There are regular tours of the mansion daily. If you want to camp overnight, the park offers several campsites equipped with electricity and water.

Many people drive down the shores of Lake Ponchartrain, which takes them by some of the most beautiful homes in all of Louisiana. Once you get on the outskirts of town, you will see several marshlands and in the distance you will see the Tchefuncte Lighthouse. The lighthouse is scheduled to be remodeled in the coming years. Many individuals also fish in Madisonville because of the abundance of trout, redfish, catfish and others.