Saturday, May 20, 2006

Washington Parish booming?

The Daily News reported sometime after Katrina that the parish had between 8,000 and 10,000 new residents.

Wow. Means the population grew around 25%.

It appears that property values are rising here - maybe a reflection of a sort of "shortage," as new residents are purchasing places to live? I dunno.

At the moment, there's a one bedroom, one bath house on nine and a half acres, a bit south of town, on the market for $160,000. The News doesn't print real estate transactions very often, but I'm gonna try to keep an eye on this one. In my completely inexpert opinion, a few years ago that property would've sold for half of that, or less.

Listing is here, MLS # 633030. No picture showing the house, which is said to be 1,136 square feet.

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