JANUARY 12, 2020
See page 4 for details!
Kerry Emanis
104 Lonely Oak Blvd. Duson, Louisiana 70529
Mobile: (337) 344-3800 • Office: (337) 266-2220 • kerry@samrobertsonrealestate.net
MOVE-IN READY
CENTRALLY LOCATED
215 SANDALWOOD DR • LAFAYETTE 4BR / 3.5BA • 3,234 SF • $274,000
323 BACQUE CRESCENT • LAFAYETTE 4BR / 3BA • 3,000 SF • $478,000
NEW PRICE
CLASSIC FAMILY HOME WITH POOL
R E D CT N U A R T N CO
D L SO
200 LUDOVIC LANE • LAFAYETTE 4BR / 2BA • 2,057 SF • $195,500
303 CHELSEA DR • LAFAYETTE 4BR / 3.5BA • 3,571 SF • $599,900
Committed to getting your property SOLD, not just listed! Cell | 337.278.8963 Office | 337.291.4744 Fax | 337.456.2144
pfeinberg@vaneatonromero.com www.prissyfeinberg.com www.vaneatonromero.com
2000 Kaliste Saloom Road • Suite 101 • Lafayette, LA 70508 • 337.233.9700 • Licensed in Louisiana 2 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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St. Landry Parish
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FEBRUARY 2 – 8, 2020
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ON THE COVER
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T
104 Lonely Oak Blvd. Duson, Louisiana 70529 5 BR /3 BA| 3,432 SF
$589,000
Listed by Kerry Emanis Mobile: (337) 344-3800 Office: (337) 266-2220
kerry@samrobertsonrealestate.net Licensed in Louisiana LA-1000704652
4 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
his incredible 5 bedroom 3 bath home is located in Fieldspan Heights and it’s an absolute must see. It’s been meticulously maintained and is situated on a huge lot that’s just under an acre. Full attention to detail was given in every aspect of this custom built home. For starters there is a unique foyer with a vaulted ceiling, a huge living room with architectural columns that surround a fireplace and a cozy formal dining room. The kitchen is loaded with custom cabinetry, granite counter tops with tile backsplash, full island and gas cook top and oven. Just off of the kitchen is a large laundry room and a walk-in pantry. The master suite is large and enters into a master bath that features a double vanity, custom shower, custom Jacuzzi tub and a huge closet. Upstairs contains two huge bedrooms with walk in closets and a balcony. That’s not all, there’s even a living quarters/man-cave with its own full bath and cooking area. There’s a three car garage too. 229 Heymann Blvd. Lafayette, Louisiana 70503 WWW.THEADVERTISER.COM
More of what YOU want. 2000 Kaliste Saloom Rd | Suite 101 | Lafayette, LA | 337.233.9700 | www.VanEatonRomero.com
SUNDAY OPEN HOUSES 12-2 101 Bridgeport Lane................... $179,000........... Kimberly Lafleur
NEW LISTING 204 Londonderry Square Austin Village 4BR/3.5BA - 2275 LA - $299,000
NEW LISTING 314 Bellevue Plantation Road Oak Trace 3BR/2BA - 1805 LA - $210,000
NEW LISTING 102 Raceway Street Prejean 3BR/1BA - 1161 LA - $109,000
NEW LISTING 2031 Hwy 754 3BR/2BA - 2500 LA $395,000
12-4
NEW LISTING 114 Everett Ridge Drive The Vineyard 4BR/3.5BA - 3244 LA - $875,000
308 San Sebastian Drive......... $209,900......... Jessica McGehee 106 San Sebastian Drive.......... $228,660 ......... Jessica McGehee 106 San Sebastian Drive.......... $228,660 ......... Jessica McGehee
12-4:30 203 Bronze Palm Way.............. $573,900 ...........Beverly Schilling
1-3
NEW LISTING 108 La Rue Des Renards Barryrowe Estates 3BR/2BA - 1720 LA - $135,000
NEW LISTING 101 Bridgeport Lane Pinnacle Point 3BR/2BA - 1552 LA - $179,000
NEW LISTING 107 Hantsport Square Austin Village 4BR/3BA - 2755 LA - $440,000
NEW LISTING 213 Bendel Road 208 Bendel Gardens 1BR/1BA - 581 LA - $129,000
NEW LISTING 758 Girard Park Drive Girard (P M) Add. 4BR/3.5BA - 5205 LA - $1,450,000
110 S Domingue Unit 1............... $144,900 ............. Kay Rockweiler 402 Fairview ................................. $224,900...........John Rockweiler 120 Briarmeadow Drive ........... $245,000.........Monique Leblanc 106 Italian Cypress Lane ......... $299,900......... Danny Hensgens 218 Santander .............................. $329,900 ................... Cindy Bailey 205 Rue Saint Barts................... $334,900............... Melanie Doyle 206 San Domingo....................... $336,900 ................... Cindy Bailey 210 Santander .............................. $336,900 ................... Cindy Bailey 208 Cedar Lake Drive ............... $399,900 ................... Cathy Mixon 206 Waterhouse Road ............. $425,000......Sharon Henderson 202 B Princeton Woods Loop $720,000................. Susan Martin
1:30-3:30 103 Grasswalk Court.................. $195,000....................... Allen Duhe
2-4 1112 Bridgetowne Ln .................. $160,000............. Courtney Simar 113 Imperial Palm........................ $197,000......... Charlotte Durand 103 Bronze Palm Way .............. $510,450.......... Jessica McGehee 122 Princeton Woods Loop ..... $760,000........... JoEllen Coussan
3-4:30 NEW LISTING 101 Waterhouse Road Barrington Place 4BR/2.5BA - 2313 LA - $430,000
NEW LISTING 536 Rue Novembre 3BR/3BA - 2963 LA $725,000
NEW LISTING 1401 Atchafalaya River 3BR/2BA - 4000 LA $155,000
NEW LISTING 114 Edie Ann Drive Edie Place 3BR/2BA - 1209 LA - $157,500
NEW LISTING 215 E Fairfield Drive 3BR/2BA - 1717 LA $220,000
NEW LISTING 202 Blackwater River Drive Sawgrass Park Phase 2 3BR/2BA - 1424 LA - $205,000
NEW LISTING 211 Rue Du Maurier Frenchmans Creek 3BR/3.5BA - 3250 LA - $750,000
NEW LISTING 308 W Gilman Road Morse-Angelloz 2BR/1BA - 870 LA - $50,000
NEW LISTING 810 Huval Street Stutes, Swe #3 3BR/2BA - 1573 LA - $73,000
NEW LISTING 115 Greenbank Lane Sugar Mill Pond 4BR/3BA - 2385 LA - $419,760
NEW LISTING 112 Warwicke Drive Huntington Park 4BR/2.5BA - 2410 LA - $200,000
NEW LISTING 5642 Cameron Street 3BR/2BA - 2151 LA $170,000
NEW LISTING 1007 Le Triomphe Parkway Le Triomphe 5BR/4BA - 3400 LA - $580,000
NEW LISTING 205 Rue Saint Barts Jolie Village 4BR/3BA - 2450 LA - $334,900
NEW LISTING 171 Canadian Lane Primeaux 3BR/2BA - 1829 LA - $106,000
114 Dominus Drive ...................... $385,000.......... Kimberly Lafleur
NEW LISTING
3:30-5
104 N Lakepointe Drive Lake Pointe 3BR/2BA - 1608 LA - $200,000
NEW LISTING
229 Princeton Woods Loop .... $899,900................. Susan Martin www.VanEatonRomero.com
NEW LISTING
425 Pope Drive A 2BR/1BA - 936 LA $25,000
NEW LISTING
117 Thibodeaux Drive Whittington Oaks 4BR/4.5BA - 5700 LA - $2,295,000
NEW LISTING
NEW LISTING 206 English Gardens Parkway Brookshire Gardens 4BR/3BA - 3302 LA - $614,900
NEW LISTING
107 Topeka Road 4BR/3BA - 2752 LA $160,000
110 Lambton Drive Olde Towne At Millcreek 3BR/3.5BA - 3723 LA - $780,000
220 Country Living Drive Country Living Estates 3BR/2BA - 1218 LA - $148,000
16 Duperier Oaks Drive Duperier Place 6BR/4.5BA - 4814 LA - $439,999
6933 A Main Street 3BR/3BA - 2,509 LA $355,5000
109 Peck Boulevard L O Peck 4BR/3.5BA - 4500 LA - $799,000
NEW LISTING 517 W Simcoe Street Mills Addition 2BR/1BA - 1000 LA - $119,900
ACADIANA HOMEFINDER
WWW.THEADVERTISER.COM ❚ FEBRUARY 2, 2020 ❚ 5
Melanie Doyle
337-349-8981 | CELL 337-291-4793 | DIRECT
M.S., REALTOR®
MELANIEDOYLE.VANEATONROMERO.COM NEW LISTING
204 Londonderry Sq., Lafayette
211 Brookshire Gardens Dr., Lafayette
205 Rue Saints Barts, Youngsville
205 Eraste Landry Rd., Lafayette
4 BR / 3.1 BA / 2,275 SF
4 BR / 4.1 BA / 3,787 SF
4 BR / 3 BA / 2,450 SF
2 BR / 2 BA / 1,260 SF
Salt water in ground pool! You’ll love the large front porch extending New on-trend interior paint! Perfect home for Looking for a waterfront home? One that has never Townhome is ready for you to move right in! So across the entire width of the home, with brick floors and cypress entertaining guests - each BR has its own private flooded and does not require flood insurance? Look convenient to ULL, the Cajundome, downtown, columns–inviting friends and neighbors to ‘’come sit a spell’. no further! . Mardi Gras routes, and all you will need and want! bathroom and the patio awaits the party!
$699,000
$334,900
$142,000
PENDING
PENDING
PENDING
317 Victoria Lights Ln., Broussard
201 Hamlet Ln., Lafayette
105 Journey Lane, Lafayette
302 Maple Dr., Lafayette
3 BR / 2.1 BA / 2,217 SF
4 BR / 2.1 BA / 2,748 SF
4 BR / 3 BA / 2,459 SF
3 BR / 2 BA / 1,890 SF
Great home - large, cook’s dream kitchen and covered patio with fireplace, cook top and wine cooler! Huge back yard!
Meticulously cared for by owners - offers 2 living spaces inside plus a gazebo outside.
$285,000
$325,000
110 Coachman Dr., C, Youngsville
$299,000
$250,000
$199,000
1201 S College Rd., Lafayette
400 N Dominque Ave., Lafayette
3207 Hwy 319, Cypremont Point
3 BR / 2 BA / 1,250 SF
2 BR / 2.1 BA / 2,006 SF
New roof! Open floorplan. First time home buyers, downsizers, and almost anyone would love this home.
Contemporary home convenient to anything anyone could want - downtown, ULL, hospitals, Heyman Center, parade routes.
Many possibilities - single family home with room for a pool, workshop, garden or whatever you might need.
Lot ready for a resting spot after water activities.
$325,000
$17,000
$150,000
LA-1000704644
Many upgrades-fresh cool paint colors, all new flooring, Located in the middle of town with easy access to Johnston, new granite countertops. new 5 burner gas stove- all Ambassador Caffery and Congress. Updated kitchen, master suite add-on, fabulous covered patio and... a large workshop. makes this home worth more than asking price.
$252,000
2000 Kaliste Saloom Rd., Suite 101 Lafayette, LA 70508 337-233-9700 Lic. in Louisiana
6 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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• • • • •
Closed over $125 MILLION in volume in past 10 years Recognized as Top of the Latter Award Winner for overall latter & Blum family of companies Top Ten Agent in Van Eaton & Romero Platinum Level Award Winner Top Agent at Van Eaton and Romero for the month of August and #2 for the month of September!
Penny McGehee |REALTOR® Office 337.267.4043 |Cell 337.344.77777 pmcgehee@vaneatonromero.com |LicensedinLouisiana
PENDING
400 MARGUERITE BOULEVARD
LAFAYETTE, LA 70503
$575,000
5 BR/4.1 BA - 4,458 SF
115 KING RANCH DR LAFAYETTE, LA 70508
$339,000/$1950 MO.-LEASE
$229,500
3 BR/2.1 BA - 2,127 SF
NEW PRICE
1829 GUILLOT ROAD, LOT 2
104 ASHVILLE LANE
$698,900
3 BR/2.1 BA - 2,295 SF
YOUNGSVILLE, LA 70592
YOUNGSVILLE, LA 70592
4 BR/3 BA - 2,077 SF
11.647 ACRES
$319,500
LAFAYETTE, LA 70506
3 BR/2.1 BA - 2,024 SF
NEW PRICE
315 CYPRESS VIEW DRIVE
511 MARIE ANTOINETTE STREET
LAFAYETTE, LA 70506
$308,999
405 KILBOURNE CIRCLE
CARENCRO, LA 70520
$262,000
3 BR/2.1 BA - 2,560 SF
LA-1000704638
ACADIANA HOMEFINDER
WWW.THEADVERTISER.COM ❚ FEBRUARY 2, 2020 ❚ 7
Find a home that fits your family in a neighborhood that fits your life.
5 Bedroom, 3 Bath 3154 Total Square Footage
277,920
$
Bedroom #5
MAURICE QUALITY BUILDERS (337) 898-9467
LA-1000704649
Maurice Quality Builders •(Cell) 523-0715
Your dreamdream home should with a dream Your home come should come
with aThat’s dream neighborhood. whyneighborhood. theadvertiser.com/homes That’s why <Local Market Name> | Homes provides exclusive details on neighborhoods, provides exclusive details on neighborhoods, lifestyles amenities withwith every listing. lifestylesand andarea area amenities every listing.
theadvertiser.com/homes <newspaper.com>/Homes
THIS HOME CAN BE BUILT ON YOUR LOT!
For Lease - 551 Esplanade St., Lafayette 2 BR / 2 BA – 1,829 SF - $1,495/mo $29 non refundable online application fee. Gated community – showings must have an appointment requested 24 hours in advance. Tenant occupied. Quaint town home in a desirable area and gated community located on Kaliste Saloom only a short distant from the airport and shopping. The downstairs has an open floor plan with natural light and 2 wood burning fireplaces. The master bedroom (with 3 closets) is upstairs and the 2nd bedroom is on the first floor. A screened porch is in the back of the home. One designated uncovered parking space is located by the back porch and the second uncovered designated parking space is in the parking lot across from the town home. Lawn care is supplied by the HOA. All you must take care of is the flower bed. Unit did not take on any water in 8/2016 flood. Tenant must follow all HOA Rules and Regulations. Tenant responsible for utilities. No covered parking supplied.
Ralph Ostermann
Owner/Agent
Cell (225) 773-3828 Licensed in Louisiana
LA-1000704650
8 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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Find the home of your dreams... Just Ask
ALLEN
Allen DuhÉ
www.JustAskAllen.com
OPEN SUNDAY 1:30 PM - 3:30 PM
FEATURED PROPERTY
N E W P R IC E!
103 Grasswalk Court - Lafayette - $195,000 3 BR/2 BA - 1,460 Sq. Ft.
205 W Monroe Street, Unit B, Broussard Townhouse - $147,000 2 BR/1 BA/1 Partial BA - 1,214 Sq. Ft.
BAYOUSIDE ACREAGE 04 Belmont Road - New Iberia $140,000 - Bayou-side and Pond LOT SIZE 203.81x739.69x215.5x822.7 Picture your new home nestled among the ancient oaks as you sip your morning coffee enjoying the reflection of your home in the shimmering morning sun on the Bayou Teche and in the pond shared with your neighbor on the right.
223 Country Club Drive, New Iberia - $550,000 - Daigre 3 BR/2 BA/1 HB - 3,481 Sq. Ft.
LE TRIOMPHE 212 Gleneagles Circle Broussard - $68,000 Phase II of Le Triomphe LOT SIZE 67.52x153.5x67.5x151.9 +/Minutes from thriving Broussard, only a few minutes more to New Iberia or Lafayete, and you have a wealth of cultural, entertainment, dining and shopping venues. This corner lot offers privacy on three sides.
127 E Bayou Shore Street Lafayette - $220,000 3 BR/2 BA - 2,131 Sq. Ft.
337-254-7812 Cell • 337-291-4724 Direct 233-9700 Office • www.JustAskAllen.com Van Eaton & Romero, Inc., 2000 Kaliste Saloom Rd. #101, Lafayette, LA 70508
ACADIANA HOMEFINDER
Allen DuhÉ Van Eaton & Romero A Latter & Blum Company
Realtor®, GRI, CRS Licensed in Louisiana WWW.THEADVERTISER.COM ❚ FEBRUARY 2, 2020 ❚ 9
DON’T ENTER THE MARKET WITHOUT HIM NEW LISTING
NEW LISTING
$675,000
$2,295,000
$435,000
501 PRINCETON WOODS LOOP LAFAYETTE - AREA G1 4 BR / 3.1 BA - 3,029 SQ. FT.
117 THIBODEAUX DR. LAFAYETTE - AREA G2 4 BR / 4.1 BA - 5,700 SQ. FT
204 E BAYOU PARKWY LAFAYETTE - AREA G1 4 BR / 3 BA - 2,690 SQ. FT.
NEW LISTING
NEW LISTING
NEW LISTING
$548,500 208 PHILLIP ST. NEW IBERIA - AREA 12 4 BR /3.1 BA -3,712 SQ. FT.
$469,000 219 OATS DR. LAFAYETTE - AREA N 4 BR /3 BA -2,677 SQ. FT.
$499,995 112 STONESBERRY DRIVE LAFAYETTE – AREA O 4 BR /3.1 BA -3,169 SQ. FT.
Direct: 337.267.4108 Cell: 337.654.6881 SoldbyCharlie@cox.net 2000 Kaliste Saloom Rd. • Suite 101 • Lafayette, LA 70508 • 337.233.9700 • Licensed in Louisiana
LA-1000704170
10 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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Van Eaton Romero’s #1 Realtor NEW PRICE
207 KINGS RD GREENBRIAR ESTATE - AREA G2 5 BR / 5 BA • 5,544 SQ. FT. $1,985,000
400 PRINCETON WOODS LOOP LAFAYETTE – AREA G1 4 BR / 3.1 BA – 3,608 SQ. FT.. $949,900
NEW PRICE
603 RICHLAND AVE. LAFAYETTE – AREA G1 3 BR / 3 BA – 2,885 SQ. FT. $625,000
1806 BONIN ROAD YOUNGSVILLE 5 BR/3.5 BA – 4,269 SQ. FT. $1,725,000
203 MAIN ST. BROUSSARD – AREA 4 BR / 4.5 BA – 5,785 SQ. FT. $1,500,000
SALE PENDING
103 MICHELLE CIRCLE LAFAYETTE – AREA G2 3 BR / 2.1 BA - 2,709 SQ. FT. $439,000
100 NOBLEMEN LANE LAFAYETTE-AREA N 4 BR / 435 BA - 3,715 SQ. FT. $1,425,000
402 ARABELLA BLVD. LAFAYETTE – AREA G1 4 BR / 4.5 BA - 3,447 SQ. FT. $823,000
514 PRINCETON WOODS LOOP LAFAYETTE – AREA G1 3 BR / 3.5 BA – 4,100 SQ. FT. $1,750,000
519 E FAIRFIELD DRIVE BROUSSARD – 4.24 ACRES W/GUEST HOUSE 3 BR / 3 BA - 2500 SQ. FT. $955,000
601 RICHLAND AVE. LAFAYETTE – AREA G1 4 BR / 3.1 BA - 3,052 SQ. FT $795,000
134 W BAYOU PARKWAY. LAFAYETTE – AREA G2 4 BR / 3 BA - 3,065 SQ. FT. $535,000
101 QUEENSLAND PLACE LAFAYETTE - AREA N 5 BR / 5.1 BA - 3,987 SQ. FT. $869,000
610 RICHLAND AVE. LAFAYETTE – AREA G1 3 BR / 2.5 BA - 2,367 SQ. FT. $498,500
600 RICHLAND AVENUE LAFAYETTE – AREA G1 5 BR / 4.5 BA – 4,175 SQ. FT. $995,000
607 RICHLAND LAFAYETTE - AREA G1 3 BR / 2.1 BA - 3,035 SQ. FT. $665,000
210 PRINCETON WOODS LOOP LAFAYETTE – AREA G1 4 BR / 5.5 BA - 3,896 SQ. FT. $899,500
NEW LISTING
155 SHANNON RD. LAFAYETTE – AREA G2 4 BR / 4.2 BA – 8,580 SQ. FT. $4,999,000
RIVER FRONTAGE
510 HUNTLEY AVE. LAFAYETTE
202 & 208 LEONPACHER LAFAYETTE
$265,000
$450,000
310 STEINER ROAD LAFAYETTE - AREA G1 3 BR / 2.1 BA - 2,717 SQ. FT. $845,000
NEW LISTING
120 SHANNON RD. LAFAYETTE – AREA G2 5 BR / 4.1 BA - 6,550 SQ. FT. $2,495,500
12509 WILDWOOD WAY ABBEVILLE – V3 4 BR / 4.1 BA - 3,203 SQ. FT. $320,000
SALE PENDING
208 RUE DE LA ROCHELLE BROUSSARD – AREA O 4 BR / 3 BA - 3,216 SQ. FT. $825,000
NEW LISTING
519 E FAIRFIELD DRIVE BROUSSARD – AREA O 3 BR / 3 BA - 2,500 SQ. FT. $955,000
LOTS FOR SALE
400-402 EMILE PRICE REDUCED NEW IBERIA 13.64 ACRES ................................$195,000 407 BILTMORE WAY, LAFAYETTE ..........$350,000 118 COLONIAL, LAFAYETTE ..................... $95,000 98 BURDIN RD, LAFAYETTE................ $1,200,000 100 BURDIN RD, LAFAYETTE.............. $2,395,000
LA-1000704171
ACADIANA HOMEFINDER
WWW.THEADVERTISER.COM ❚ FEBRUARY 2, 2020 ❚ 11
ACADIAN HOME BUILDERS ASSOCIATION
By Jeff Wood, President, Acadian Home Builders Association
Avoid These First-Time Home Buyer Mistakes
Buying your first home can be both an exciting and daunting experience. There are many steps to take to ensure the transaction for one of the biggest purchases you’ll make goes smoothly. First-time home buyers sometimes make a few missteps, such as not checking your credit score or talking to only one mortgage lender. Below is a brief guide to helping you avoid mistakes while buying your first home. Not Checking Your Credit Score Lining up your finances is key before moving forward to purchase your home. One of the first steps is checking your credit report and learning your credit score. Your credit score is an important factor a lender uses in determining your interest rate on your mortgage loan. You have the right to a free copy of your credit report once a year from each of the three major credit reporting companies (visit annualcreditreport.com). Check for and correct any errors on your credit report to avoid potentially paying a higher interest rate on your loan. Viewing Homes Before Knowing Your Price Range Attending open houses or touring homes can be challenging if you do not know how much you can afford. You’ll risk falling in love with a dream home you may not be able to attain. Before online searching or driving around in your favorite neighborhood to find a home that works for you, talk to a mortgage lender. A lender will help you determine what type of mortgage you qualify for and your interest rate. Only Connecting with One Mortgage Lender First-time home buyers that avoid comparing several different lenders could miss out on potential savings. When determining which mortgage lender is right for you, compare the different rates, lender fees and loan terms. Shopping around will help you figure out the lowest rate possible.
According to a recent NerdWallet report, assuming a 30-year, fixed-rate $260,000 mortgage, a buyer could save $430 in interest in the first year alone by comparing five lenders before applying. Focusing Only on Putting Down 20 Percent The longstanding first-time home buyer myth is that you need a 20-percent down payment to purchase a home. There are several loan programs and options available to allow buyers to move forward with putting down a smaller down payment. Determining how much you should put down is a personal decision based on your financial status.
For more information about purchasing your new home, contact Acadian Home Builders Association www.acadianba.com Building a House? Is your builder LICENSED? Is your builder LOCAL? For a list of licensed, local contractors, visit www.acadianhba.com or contact AHBA at 337.981.3053. 12 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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Follow us on Facebook and Instagram @samrobertsonrealestateco Office Location 229 Heymann Blvd. Lafayette, Louisiana 70503
337-266-2220
104 Lonely Oak Blvd., Duson, Louisiana 5 bedrooms * 3 Bathrooms
Oakbourne Estates 108 Rimwood Avenue Lafayette, Louisiana
including Master Suite/Bath w/Walk-In Closets
2 Stories * 4,334 Sq. Ft. * 5 BR
3-Car Garage * Covered Patio * Balcony
4 Full Baths and 2 Half Baths
3,432 Sq. Ft. Living * .936 Acres * 2 Stories
440 Sq. Ft. Living Quarters/Man-Cave
Bonus Room * Lot is 100' x 150'
with Private Entrance
New Roof , Gutters, Fence $ 375,000
$589,500
Waterfront Camp on Big Lake !
403 S. Buchanan St. #6
210 Pierce Mitchell Lane Hackberry, Louisiana 2376 Sq. Ft. * 4 BR * 3 BA Awesome High-End Amenities Cargo Lift * 12’ Deep Double Boat Deck Galvanized Steel, Lighted Bulkhead Beautifully Landscaped $849,900
Lafayette, Louisiana $195,000 Contemporary Condo In Downtown Lafayette
*1,214 Sq. Ft. * 2 BR * 1 BA
Waterfront Camp in Mermentau!
254 Duhon Cemetery Rd. 1 Bedroom * 1 Bathroom Approx. 1.5 Acres $197,000
Located on a dead-end street. Screened BBQ House * Lg. Deck Partially Renovated * 2 Docks
VACANT LAND
+/- .5 Acres Congress @ Fieldspan $75,000
1.73 Acres Vatican Road/Hwy. 93 Carencro, LA $275,000
+/- 1.75 Acres Bertrand Drive, Lafayette, La. $1,143,450
Near high-traffic intersection of Bertrand Dr. and Congress St. Directly across from University Hospital and Clinics. Close proximity to ULL Athletic Complex, Football Stadium, Cajun Dome and SLCC.
A Full Service Real Estate Co. • Residential • Commercial • Sales & Leasing www.samrobertsonrealestate.net ACADIANA HOMEFINDER
WWW.THEADVERTISER.COM ❚ FEBRUARY 2, 2020 ❚ 13
Contintuing EduCation We’re starting off the year on the right foot with two packed classes!
Brent Lanca ster teaching the morning Professional Standards cl ass. our morning Thank you to C! acy Title, LL sponsor, Leg
Brent Lancaster teaching the aft ernoon Fair Housing and Cultural Diversi ty class.
14 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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onsored the Maison Title sp , thank you! afternoon class
ACADIANA HOMEFINDER
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Don’t Buy That Fixer-Upper
(Unless You Know These 4 Things) A few years ago, Alessandra Pollina and her husband, Ondre, were looking for a property that would need no more than some cosmetic changes and upgrades. But because the price was right, they ended up with the ultimate fixer-upper: a two unit, single-family-style home that was already gutted to the studs. They were excited about its potential, not to mention the one-half acre of land the house is sitting on. “That’s unusual for Boston,” Pollina says. “It’s the biggest backyard ever.” Four years and many renovations later, Pollina estimates her home in the Dorchester neighborhood is worth (drum roll, please) an epic 56% more than it was when she bought it. Wow, talk about a return on investment. The moral? A fixer-upper isn’t necessarily something to eschew. If the right things are wrong with a house, you could not only turn it into your dream home, but also earn serious equity (wealth building!) in the process. Oh, and don’t assume you need to be a DIY master to make it worthwhile, either. Time and patience may be all you need. Here’s how to tell if that fixer-upper is a keeper — or if you should keep walking. #1 Evaluate the Price If it’s a fixer-upper, it should come at a fixer-upper price. Duh, but that’s a reminder NOT to fall in love too quickly with a home that the listing says “just needs a little TLC.” Do your homework first, and if the price is right, then fall in love. Find out what similar homes in the neighborhood sell for and how tricked out they are (with amenities and materials). A REALTOR® can help you figure that out. And that will tell you how much money you can invest in the home before you over-improve for the neighborhood, a mistake you want to avoid if you plan to sell in the future. Wendell De Guzman, a Chicago real estate investor who renovates at least two houses a month, recommends treating the remodel like a business, not a hobby. Determine your budget based on the market value of homes in your neighborhood, because you’re not going to sell for more. “It doesn’t matter how much money you can put into the house,” Guzman says. “You’re limited by the market value of what nearby houses are selling for.” #2 Start Evaluating What Improvements Are Needed The best fixer-uppers offer lots of opportunities for “instant equity,” which means if you sold the home tomorrow you’d pretty much get that money back, unlike other projects which you may never get your money back on. ( Swimming pool, anyone?) Some can be as simple as painting or landscaping, which you can accomplish with sweat equity, De Guzman says. In fact, the Pollinas started their rehab with high-value, low-effort landscaping, since it’s the first thing people see. They raked, brought the grass back to life, planted fruit trees and a veggie garden, and enjoyed the reaction: “People are so surprised and impressed,” Alessandra says. 16 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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Sure-fire ways to spot a fixer-upper that’ll fix you up financially. Written by Jamie Wiebe for houselogic.com Other tasks — the Pollinas focused on the kitchen next — may require the work of professionals and cash to pay them. It’s those projects you want to carefully evaluate against the home’s price. #3 Which Hire-a-Pro Projects Add Instant Equity? Fact: While most home improvements add some equity, some are consistently at the top of the heap. Another thing those equity champions have in common: They usually require the help of a pro, but the cost can be instantly worth it. Based on data gleaned from the “Remodeling Impact Report” (RIR) from the National Association of REALTORS®’, if these three projects are on your fixer-upper’s list of must-haves, then you may have found your dream equity-builder: New roof: A new roof may not be the remodeling project of your dreams — until you realize it could actually pay you. You’ll spend about $7,500 to install it (based on a national average determined by contractors responding to the RIR survey), but when you sell, it could recoup 109% of that or $8,150, according to REALTORS® surveyed. Hardwood floors: It costs about $3,000 on average nationally to refinish hardwood floors. The survey indicates you could recoup 100% of that at resale. If you’re looking at a fixer-upper (at the right price) that needs the floors redone, that’s like getting the floors for free! New hardwood floors are also a good choice at a cost of about $5,500 to install, and could recoup $5,000 of that at resale. Insulation: A fixer-upper offers a great opportunity to replace or add insulation. New insulation costs about $2,100 on average nationally, and can recoup $1,600 at resale — as if saving 10% to 50% on your energy bill wasn’t compelling enough. While those three are pretty safe bets — homeowners who responded to the RIR survey gave them high happiness and satisfaction marks, too — almost any project can be worth it with a fixer-upper if the price is right. For example, a complete kitchen renovation can cost $65,000 and recover only about $40,000 when you sell. But if the fixer-upper is discounted enough, think how amazing it would be to cook in a kitchen you designed yourself. #4 Evaluate Your Ability to Deal with Disruption Whether you’re a DIY Jedi or content to let the pros handle the remodel, if your patience is shorter than your potential home’s to-do list, a fixer-upper may not be a good choice. Renovating a bathroom alone can take two to three weeks. Add hardwood flooring, a new kitchen, and siding, and you’re looking at a whole summer’s worth of rehab. When considering a fixer-upper, evaluate the limits of your emotional energy as well. Inevitable project pitfalls and delays can be wearing. Only if you have the time, patience, and emotional endurance for a fixer-upper will it be a good fit for you. And only you can determine that. But if you can budget your time and money — and employ the right fixer-upper strategies — you might find yourself with a double reward: A home that’s worth far more than you paid, and the joy of knowing you helped get it there.
GENERAL COUNSEL™
ELECTRONIC COMMUNICATION ON A WORK E-MAIL NOT AS PRIVATE AS YOU MAY THINK Q: I HAVE TWO EMAIL ACCOUNTS, ONE PERSONAL AND ONE THAT WAS GIVEN TO ME BY EMPLOYER. DO I HAVE ANY RIGHT TO PRIVACY ON THESE ACCOUNTS? CAN MY BOSS OR HUMAN RESOURCES ADMINISTRATOR MY EMAILS WITHOUT MY EXPLICIT PERMISSION?
Stephen J. Oats
A: With regard to your email account provided by employer, the answer is “yes”, your employer can search your work email account. In cases dealing with employer searches of an employee’s electronic communication, the first question considered is whether you, the employee, have a reasonable expectation of privacy in the emails generated by your work e-mail account. Usually
the answer is no. Many employers have a policy that explicitly states that the employer may monitor email accounts and online activities. Even without an explicit policy in place, employees don’t have a reasonable expectation of privacy when using work email accounts or work computers. If you can argue a reasonable expectation of privacy in a work email account, the second question to consider is whether the employer had a good work-related reason for monitoring the account. Thus, if you are concerned about your boss reading your emails or anything you may email becoming public knowledge—don’t use your work email or computer in writing those emails. Also, review the policies of the your employer regarding electronic communication to better inform yourself of the rules and expectations of your employer.
TO GIFT OR TO INHERIT?
General Counsel™ answers are provided by the
Law Firm of Oats & Marino, which is general counsel to individuals, businesses and government entities throughout the state of Louisiana. The information contained in this article is intended to be general in nature. Before any action is taken based upon this information, it is essential that competent, individual, professional service be obtained. Send Questions for this column to General Counsel™, 100 E. Vermilion St., Suite 400, Lafayette, LA 70501 or e-mail your questions to generalcounsel@oatsmarino.com. Sorry, no personal replies.
Q: A FEW WEEKS AGO, ONE OF YOUR ARTICLES DISCUSSED THE DONATION OF A HOME. IS IT BETTER TO INHERIT? MY MOTHER IS ELDERLY, AND MY FATHER IS DECEASED. WE ARE TRYING TO PLAN FOR HER FUTURE, AND SHE HAS TOLD ME AND MY WIFE THAT SHE WOULD LIKE FOR US TO HAVE HER HOUSE. A: Generally speaking, it’s better to inherit a home rather than have it gifted to you, assuming a person has a choice in the matter. But different circumstances result in different strategies. Inheritance: Your cost basis in the house, or the amount on which its taxes are calculated, would be considered the current fair market value of the house if you were to inherit the place upon the death of your mother. If mom’s house is worth less than $250,000 and her estate is worth less than $5.43 million (up from $5.34 million in 2014), you wouldn’t owe taxes on it. Gifting: As discussed in our previous article, gifting a house has different tax consequences, as
ACADIANA HOMEFINDER
the tax basis (or the original cost) of the property for the giver becomes the tax basis for the recipient. For example, suppose your mom bought the house years ago for $150,000 and it is now worth $350,000. If she gives the house to you, the tax basis will be $150,000. If you sell the house, you will have to pay capital gains taxes on the difference between $150,000 and the selling price. The only way for you to avoid the taxes is to live in the house for at least two years before selling it. In that case, you can exclude up to $250,000 ($500,000 for a couple) of their capital gains from taxes. Beyond the tax consequences, gifting a house to her children can affect your mother’s eligibility for Medicaid coverage of long-term care. There are other options for giving the house to you, including putting it in a trust or selling it to you. Not knowing all the details, I strongly advise your decision to be made with the help of an estate planner or otherwise qualified attorney or accountant. There are numerous nuances to these arrangements that only a professional can address.
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800LN, S RAYNE 236 PIONEER CUNNINGHAM
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18 ❚ FEBRUARY 2, 2020 ❚ ACADIA HOMEFINDER
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2701 Johnston St. Suite 219 FRENCH CHATEAU STYLE!
807 E Bayou Pkwy- 4Bd/4.5ba home with abundant storage and privacy5,100 sqft- $399,900 SELLER OFFERS FREE TACOS!
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112 Oakbend- off Guilbeau Rd- 3bd/2 ½ bathe open floor plan is great for entertaining1,512 sqft- $186,000 MOVE IN READY!
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37 Larkspur- The Meadows- 3Bd/1.5 ba townhouse, open floor plan, large storage, rear patio, pets YES - $950
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RENTALS
Is your rental vacant? We have tenants! Do you need one? We run credit reports, check references, and more. Or if you have tenants and are tired of the hassle, we can provide professional management. Are you interested in filling your vacancy or in having someone else handle your ownership headaches, call Jay Smith 981-5601 218 Ole Colony- off Amb Caffery- Spacious 3Bed/2bath, double carport and single garage or workshop, pets yes$1,250 108 Plateau, Off Verot, Country feeling, , 3 Bed/2bath, big rooms, workshop, on acre+ lot at the edge of town, pets YES - $1,200 407 ½ Brook Ave - I block from UL- 3 bed/1bath, living room, dining, large kitchen, privacy fenced yard, pets YES- $1,100 215 Stanley Rd, Carencro - almost an acre, cross fenced, 3Bed/2bath, open floor plan, garage, trees, pets yes, - $1,100 9 Morning Glory- Neat and Clean, 3Bed/1.5 bath townhouse, cute kitchen, storage, courtyard, pets YES - $950 37 Larkspur, The Meadows- 3Bed/1.5 bath townhouse, open floor plan, large storage, courtyard, rear patio, pets YES - $900 3105 W. Willow, ScottOpen floor plan, pretty wood floors, 3Bed/2bath, good kitchen, deck, garage $900 108 Avalon #B, Off Pinhook- conveniently located duplex near Southpark, 2Bed/1bath, CH/A, $700 706 Picard #13, MiltonQuiet area, 2Bed/1bath, CH/A, fridge, range, W/D connections, pets YES -$700 3105-C W Willow, Scottthis 2 bed/1 bath mobile home is super clean and in great shape, no pets- $650 302 Loire #A, off Gloria Switch- 2Bed/1.5 bath townhouse, living/dining combo, fridge, range $575
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