Owning A Home Gives You A Net Worth 36x Greater Than Renting

Dated: 03/01/2016

Views: 931

Average home in Acadiana is worth 200k.  After 7 years you should have about 20% equity in the home meaning you owe 80% of what the home is worth to the bank while enjoying the 20% equity should you decide to liquidate your position in the home.  (sell)

Home values can raise up to 1% a year even though estimates have it at 2.9% for next year and have almost doubled in the last 15 years in Louisiana.  The price of rent in Louisiana in the year 2000 was $466.  Today it's $1,400 according to Zillow!   All signs point to home ownership and we at HubCityProperty can make that a reality for you.  Stop throwing rent away and start putting that payment back into your balance sheet via an investment vehicle that will not have a payment increase yearly and will give you back what you put into it!  

Are we hurting in Acadiana because of the oil and gas industry?  Here's what www.housingpredictor.com had to say about our area:

“What we are seeing, particularly in Lafayette, is that the market is continually growing,” says Norman Morris of the Louisiana Realtors Association. Lafayette LA real estate is seeing an increase despite lowering prices in two of its key industries, oil and gas. This is due to its education, medical, and technology industries. Plus record breaking retail sales in Lafayette show that commercial business is doing well in the city. In 2014 Lafayette had 3.72 months of residential inventory for sale. In 2013 there were 3.93 months, and in 2012 there were 5.16 months of inventory; all encouraging signs that the market continues to improve. The median home value in Lafayette is $157,000, higher than the statewide median of $143,000. One other factor that could impact Lafayette real estate in the near future is the proposed unified development code. This code is a guide for property developers that includes new zoning and construction regulations. CEO of the Realtor Association of Acadiana Susan Holliday thinks that this will ultimately be good for the local market. “The house sales in the long run will maintain their value.”

Here are several properties in the Acadiana area just reduced and ready for an offer!  Contact me today for a showing or text FINANCE to 337-735-4500 to get pre qualified!

1004 14th LafayetteReduced


2,250 Sqr Feet

LAND ONLY... Home has been torn down... vacant lot ready to build you dream home.

3 beds + 2 baths + 2,250 sqft

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505 Breaux Road LafayetteReduced

$26,000 - $132 /MO


2,016 Sqr Feet

Mobile Home Only To Be Moved. Great home that is being renovated. New laminate flooring, all new moldings,and newly painted. This home is priced to sell.

3 beds + 2 baths + 2,016 sqft

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314 Short Street LafayetteReduced

$29,900 - $151 /MO


1,000 Sqr Feet

Vinyl siding home on piers with 2 bedrooms and 1 bath. Home fronts two streets. Affordable home near many local businesses.

2 beds + 1 baths + 1,000 sqft

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701 1st Street DusonReduced

$39,600 - $201 /MO


1,611 Sqr Feet

The home is located in the Duson, close to grocery stores and fun. With some tlc will be needed but after, it be a great starting home for any couple just starting out.

3 beds + 2 baths + 1,611 sqft

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315 Madison Street LafayetteReduced

$50,000 - $253 /MO


990 Sqr Feet

Great opportunity to own a property in one of Lafayette's oldest neighborhoods. This 2 BR cottage is located adjacent to The Alamo, the former Himel Motor Supply turned art gallery and artist loft. Just a short distance from Downtown Lafayette, you can easily get to restaurants, art venues, music fe...

2 beds + 1 baths + 990 sqft

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1720 Gendarme Road CarencroReduced

$64,080 - $325 /MO


1,200 Sqr Feet

Sold in ''AS IS'' AND ''WHERE IS'' WITH NO WARRANTIES EXPRESSED OR IMPLIED. Brick country home on piers with 1 car covered parking on large beautiful shaded lot with four large oak trees in large fenced in back yard.

3 beds + 1 baths + 1,200 sqft

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111 Harrison Drive LafayetteReduced

$71,900 - $364 /MO


1,388 Sqr Feet

Nice 3 bedrooms 1.5 bath home sitting on a hill. Great fenced-in yard for family gatherings with some TLC needed.

3 beds + 1.5 baths + 1,388 sqft

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503 Janvier Road ScottReduced

$73,000 - $370 /MO


2,090 Sqr Feet

Large four bedrooms two baths double wide with add on situated on 1.92 acres. Needs some TLC

4 beds + 2 baths + 2,090 sqft

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300 Lozes Avenue, # 1102 LafayetteReduced

$73,500 - $372 /MO


707 Sqr Feet

This beautiful Acadian style condo is located in an ideal location right off of Verot School Road! This condo offers 1 bedroom, 1 bathroom, and 707 sqft. You will find granite tile countertops, wood laminate flooring in the living area, tile flooring in the kitchen and bath, and carpet only in the b...

1 beds + 1 baths + 707 sqft

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110 Lindsey Circle CarencroReduced

$87,500 - $443 /MO


1,149 Sqr Feet

Perfect starter home with the perfect price and a new architectural roof installed 1/28/16. House is neat, clean and updated! This home has 3 bedrooms and 1 full bath. The bonus room could be used as a family room, extra bedroom, media room or office. Updated kitchen hardware recently installed. Th...

3 beds + 1 baths + 1,149 sqft

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200 Lodge Drive, # 808 LafayetteReduced

$90,000 - $456 /MO


1,150 Sqr Feet

this home is located in The Colonies Townhome Community and has lots of great amenities, almost too many to name! The kitchen is spacious and is open to the living area. You will find lots of closets for storage. The blend of ceramic and carpet flooring will make you feel right at home. During the s...

2 beds + 1.5 baths + 1,150 sqft

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200 Bradford Street CarencroReduced

$92,000 - $466 /MO


1,180 Sqr Feet

Great starter home on corner lot in Mark Ridge subdivision. This 3 Bdrm 1 Bath with a closed in back patio is conveniently located close to shopping, schools, and churches.

3 beds + 1 baths + 1,180 sqft

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204 Walter Drive LafayetteReduced

$95,000 - $481 /MO


1,356 Sqr Feet

Spacious Acadian style home situated on a quiet street with large bedrooms, some updates, large yard w/ storage shed ready for new owner! Schools to be verified. Satsuma & kumquat trees.

3 beds + 1.5 baths + 1,356 sqft

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407 Hanks DusonReduced

$100,000 - $507 /MO


1,587 Sqr Feet

Mobile Home on wonderful 5.284 acres on a private road. Three bedrooms, 2 full baths, walk-in closets, built-ins in the dining room, large open concept, large living room and spacious kitchen. Master is a nice size with a separate oversized tub, dual sinks and shower. Large horse barn with concrete ...

3 beds + 2 baths + 1,587 sqft

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100 Teal Lane, # 22 LafayetteReduced

$104,500 - $529 /MO


1,300 Sqr Feet

3 Bedroom, 2 Bathroom just minutes away from Interstate 10. Extra Large Front Porch with Pond View. New Flooring throughout most of the house. Home Owner will provide a Home Warrenty on the home for the first year from American Home Shield. Flood Insurance is included in HOA Fees.

3 beds + 2 baths + 1,300 sqft

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302 Windsong YoungsvilleReduced

$114,000 - $578 /MO


1,995 Sqr Feet

This manufactured home located in Youngsville features a split floor plan with 4 bedrooms, 2 full baths and 2 living spaces. The main living area is large enough for entertaining groups of all sizes. The spacious master suite, which is directly off of the main living area, includes a large walk in ...

4 beds + 2 baths + 1,995 sqft

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100 Teal Lane, # 45 LafayetteReduced

$118,900 - $602 /MO


1,280 Sqr Feet

One step into this home and you will immediately be transported to a time when style and class were the center of every home. Retro elegance meets modern style in this one of a kind condominium. The clean lines of this home are perfectly accented with custom fixtures including the bathroom sinks, ...

3 beds + 2 baths + 1,280 sqft

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203 Crystal Lane LafayetteReduced

$122,500 - $621 /MO


1,200 Sqr Feet

Great Location! This cute 3 bed 2 bath home is centrally located high off Amb Caffery & Dulles. All tiled floors no carpet. Nicely landscaped with shaded back yard w/covered patio. Call today, at this price it won't last

3 beds + 2 baths + 1,200 sqft

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103 Amethyst LafayetteReduced

$122,500 - $621 /MO


1,272 Sqr Feet

Charming home in close proximity to every amenity as well as minutes from I-10. Vaulted ceiling in the living room,pergo wood floors,freshly painted bedrooms and a fenced backyard! Garage has also been enclosed,perfect for a man cave,craft room or playroom for the kids!! All appliances remain with ...

3 beds + 2 baths + 1,272 sqft

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108 St Jude ScottReduced

$124,900 - $633 /MO


1,300 Sqr Feet

Home has had Complete Cosmetic Update - New Paint - New Cabinets - granite countertops - Wood Laminate Flooring and Ceramic Tile through out - New Metal Roof - new doors - New Exterior A/C unit.Owner/AgentNo showings till 02-06-2016

3 beds + 2 baths + 1,300 sqft

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213 Amethyst Lane LafayetteReduced

$125,000 - $633 /MO


1,250 Sqr Feet

Completely remodeled.Just like new . New roof, new cabinets & counter tops.All new appliance . Fresh paint, ceramic tiles,new laminate floor, ready to move in. Seller will provide 1 year home home warranty with old republic home warranty.Prefer lender will pay all buyer's closing cost up to $4,000.0...

3 beds + 2 baths + 1,250 sqft

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112 Cane Field Street YoungsvilleReduced

$129,900 - $658 /MO


1,200 Sqr Feet

PERFECT FOR AN INVESTOR OR HOME BUYER! GREAT PRICE. Where are you going to find a home in Youngsville under $130,000 these days? This recently updated, low-maintenance home is located near the heart of Youngsville, just minutes from the schools, shops and Sugar Mill Pond! The recent updates includ...

3 beds + 2 baths + 1,200 sqft

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105 Delcy BroussardReduced

$131,040 - $664 /MO


1,350 Sqr Feet

Great family home in a great subdivision and is close to Lafayette, schools and shopping! Home offers a split-floor plan, large living room with a fireplaceand built-ins, spacious kitchen and dining area. The perfect size covered patio great for entertaining!

3 beds + 2 baths + 1,350 sqft

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112 Dempsey Drive LafayetteReduced

$138,500 - $702 /MO


1,330 Sqr Feet

Great starter home or investment property! Located in Broadmoor school district this cut home sits on a corner lot surrounded by great neighbors! Location is fantastic being close to the mall & restaurants.

3 beds + 2 baths + 1,330 sqft

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Found 233 Properties

1-24 | 25-48 | 49-72 | 73-96 | 97-120 | 121-144 | 145-168 | 169-192 | Last

Co Authored by Joby Gosuron

My name is Kiwi Bautista, a realtor with Keller Williams Realty Acadiana and Owner/Operator of HubCityProperty.com  Call me today at 337-706-4445 if you are looking to buy, sell or invest in real estate.  

Keller Williams Realty Acadiana

900 S. College Ste 101

Lafayette, La 70506

Each Office Independently Owned and Operated 

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Kiwi Bautista

My name is Kiwi Bautista, a realtor with Dream Home Realty and Owner/Operator of HubCityProperty.com  Call me today at 337-706-4445 if you are looking to buy, sell or invest in real estate.   In a s....

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