Jason LeMaire, Realtor

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Jason LeMaire, Realtor

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LeMaire Property Advisory
Clarity. Guidance. Execution. Helping buyers and sellers navigate Acadiana real estate with confidence.

Compass | Lafayette, LA
Licensed in Louisiana

10/27/2026

Builder Incentives or a Lower Resale Price: How Should Buyers Compare?

It's a question many Acadiana buyers encounter when considering new construction alongside an existing home.

A builder may offer thousands of dollars toward closing costs, a mortgage-rate incentive, or included upgrades. Meanwhile, a comparable resale property may have a lower asking price.

Which represents the better purchase?

The answer requires looking beyond the advertised incentive or asking price.

A closing-cost contribution can reduce the cash needed at closing without changing the purchase price. A temporary mortgage-rate buydown may lower initial payments, but those payments can increase when the subsidy ends.

And a lower-priced resale home may offer meaningful value, depending on its condition, location, and any improvements needed after closing.

For buyers, I believe the comparison should begin with three questions:

- Does the property meet your needs?
- Is the purchase price supported by the market?
- Do the financing terms and ongoing ownership costs fit your circumstances?

In Acadiana, property-specific insurance costs, flood considerations, taxes, and association dues can also influence the comparison.

A builder incentive can strengthen an attractive purchase. A lower resale price can be equally compelling. Neither should substitute for evaluating the complete transaction.

This week's LPA Insight examines how buyers can compare builder incentives, resale pricing, financing terms, and the actual costs of ownership.

Read the complete analysis at lemaireproperty.com/insights.

Financing terms and incentive eligibility vary. Review loan-specific options with a licensed mortgage professional.

Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

10/24/2026

Geaux Cajuns!

10/23/2026

Open House | 1011 Auburn Avenue, Lafayette

Sunday, October 25 | 1:00–3:00 PM

I'll be hosting an open house Sunday afternoon at 1011 Auburn Avenue, conveniently located near the University of Louisiana at Lafayette.

Now offered at $198,500, this three-bedroom, two-bath home features approximately 1,493 square feet of living space and a practical, single-story floor plan.

The home offers generous natural light, spacious living areas, and a kitchen with an adjoining breakfast area and pantry.

Additional property highlights include:

- Fresh interior paint
- Wood and tile flooring
- Spacious primary bathroom
- Large interior laundry room
- Roof approximately six years old
- Flood Zone X according to available records

Located in the established College Park neighborhood, the property offers convenient access to UL, shopping, dining, and other Lafayette amenities.

1011 Auburn Avenue | Lafayette, LA 70503
Sunday | 1:00–3:00 PM
New Price | $198,500

Stop by Sunday afternoon to tour the property.

Additional open-house information is available at lemaireproperty.com/events.

Listed by Eliana Ashkar | Compass
Open house hosted by Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

10/22/2026

Price Adjustment | Commercial Land in Lafayette

100 Block Inez Lane, Lot 8 | Now $125,000

The asking price has been reduced by $10,000 on this approximately 0.98-acre commercial property near Ambassador Caffery Parkway and Interstate 10.

Cleared and vacant, the property is situated in an established Lafayette commercial area with nearby retail, services, and other businesses.

Property highlights:
- Approximately 0.98 acres (340' × 125')
- Commercial zoning per public records
- Flood Zone X according to available records
- Electricity and public water and sewer listed as available
- Survey available
- Convenient access to Ambassador Caffery Parkway and I-10

The property's location, dimensions, and surrounding development make it worth evaluating for buyers considering commercial land in Lafayette.

Previously $135,000 | Now offered at $125,000

For additional property information or to discuss the site's potential, visit lemaireproperty.com.

Buyers should independently verify zoning, permitted uses, utilities, dimensions, access, and suitability for their intended development.

Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

10/20/2026

Does Flood Zone X Mean I Don’t Need Flood Insurance?

It's a question that comes up frequently when evaluating homes in Acadiana.

A property is located in Flood Zone X, and the lender isn't requiring flood insurance. Does that mean the home is safe from flooding?

Not necessarily.

Flood Zone X generally indicates an area outside FEMA's mapped high-risk flood zone. But that designation doesn't mean flooding is impossible, and a lender's decision not to require coverage isn't a determination that the property has no flood risk.

In South Louisiana, understanding a property's flood exposure means looking beyond the designation on a listing.

A few important considerations:

- Flood history: Has water ever entered the home, garage, or other structures?
- Drainage: Have there been issues with standing water in the yard or street?
- Flood mapping: Is the property in shaded or unshaded Zone X?
- Insurance: What coverage is available, and what would a property-specific policy actually cost?

Standard homeowners insurance generally doesn't cover flooding, making the distinction particularly important.

The goal isn't to suggest that every homeowner needs the same insurance coverage. It's to make sure buyers and owners understand the property's history, potential exposure, and available options before making that decision.

“Not required” does not mean “no risk.”

This week's LPA Insight examines what Flood Zone X means, why lenders may not require coverage, and what Acadiana buyers and homeowners should consider.

Read the complete article at lemaireproperty.com/insights.

Insurance coverage and policy decisions should be reviewed with a licensed insurance professional.

Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

10/14/2026

What Could SpaceX Mean for Acadiana Homeowners and Buyers?

SpaceX's announced Starbase Louisiana project near Pecan Island could represent one of the most significant economic developments in Acadiana in years.

According to Louisiana Economic Development's August 25 announcement, the proposed project represents a planned $100 billion investment, with projections of 3,000 direct jobs over ten years and more than 8,100 additional indirect job opportunities.

The potential implications extend beyond Vermilion Parish.

Construction activity, workforce relocation, infrastructure improvements, and the growth of supporting businesses could eventually influence housing demand across portions of Acadiana.

But there's an important distinction between economic opportunity and measurable real estate demand.

An announced investment doesn't automatically increase property values. And projected employment doesn't necessarily translate into an equivalent number of new households.

For homeowners, the question is whether actual market activity begins supporting higher property values.

For buyers, it's whether a particular property makes sense today, independent of expectations about future growth.

At LeMaire Property Advisory, I believe this development deserves close attention. The opportunity could be substantial, but sound real estate decisions still require current market evidence, property-specific evaluation, and disciplined judgment.

This week's LPA Insight examines the potential impact on Acadiana housing, the milestones worth watching, and what buyers and homeowners should consider.

Read the complete article at lemaireproperty.com/insights.

Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

Image disclaimer: AI-generated conceptual illustration. The launch facility shown is not an actual or approved rendering of the proposed SpaceX development.

10/12/2026

Commercial Land for Sale | Lafayette, Louisiana

100 Block Inez Lane | $135,000

Approximately 0.98 acres of cleared commercial land available near Ambassador Caffery Parkway and Interstate 10 in Lafayette.

Located in an established commercial area with nearby retail, services, and businesses, this property offers a potential opportunity for buyers evaluating commercial development or long-term land ownership.

Property highlights:
- Approximately 0.98 acres (340' × 125')
- Cleared and vacant
- Commercial zoning per public records
- Flood Zone X, according to available records
- Survey available
- Convenient access to Ambassador Caffery Parkway and I-10

The property's location and dimensions make it worth evaluating for a range of potential commercial uses, subject to applicable zoning, permitting, utilities, and development requirements.

Offered at $135,000

For additional property information or to discuss the site's potential, visit lemaireproperty.com.

Buyers should independently verify zoning, permitted uses, utilities, dimensions, and suitability for their intended development.

Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

10/09/2026

Open House | 106 Sea Island Lane, Youngsville

Saturday, October 10 | 1:00–3:00 PM

I'll be hosting an open house Saturday afternoon in Sugar Mill Pond at this thoughtfully designed home built by The Gen Group Construction.

Offered at $889,999, this residence features approximately 3,010 square feet, with 4 bedrooms, 3 full bathrooms, an office, and a flexible upstairs living space.

The kitchen combines warm finishes with professional appliances, including a 36-inch range, custom white oak cabinetry, quartz countertops, and a spacious walk-in pantry.

The first floor offers a primary suite with a freestanding soaking tub, along with a guest suite, office, and additional living spaces. Outside, a large covered patio and fully equipped outdoor kitchen provide room for entertaining.

Situated on a corner lot across from a 27-acre pond and new linear park, the property also offers access to Sugar Mill Pond's community amenities, including two resort-style pools and the Sugar Mill Athletic Club.

The seller is offering a $10,000 credit toward buyer closing costs, prepaids, and/or buy-down options with the preferred lender.

106 Sea Island Lane | Youngsville, LA 70592
Saturday | 1:00–3:00 PM
Offered at $889,999

Stop by Saturday afternoon to tour the property.

Additional open-house details are available at lemaireproperty.com/events.

Listed by Hailey Genin and Anna Corinne Mahtook Daigle | Compass
Open house hosted by Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

10/09/2026

Open House | 3500 E. Simcoe Street, Unit 25

Saturday, October 10 | 10:00 AM–12:00 PM

I'll be hosting an open house Saturday morning at this well-maintained condominium in Lafayette's gated River Trace community, near Oakbourne Country Club.

Offered at $129,900, this two-bedroom, three-bathroom home features approximately 1,443 square feet** of living space, combining comfort, functionality, and low-maintenance living.

The main floor offers a welcoming living area with a wood-burning fireplace, a well-equipped kitchen, and a convenient half bath. Upstairs, both bedrooms feature private full bathrooms, along with the added convenience of an in-unit washer and dryer.

Additional highlights include durable laminate and tile flooring, new carpeting on the stairs and landing, updated lighting, and a private fenced courtyard.

3500 E. Simcoe St., Unit 25
Lafayette, LA 70501
Saturday | 10:00 AM–12:00 PM
Offered at $129,900

Stop by Saturday morning to tour the property.

Additional open-house information is available at lemaireproperty.com/events.

Listed by Corey Fontenot and Melissa Hebert | Compass
Open house hosted by Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

10/06/2026

Is Acadiana a buyer’s market or a seller’s market?

This fall, the better answer is: it depends on the price range.

Acadiana overall has approximately 4.5 months of inventory, putting the broader market closer to balance. But that overall number doesn’t tell the whole story.

Between $150,000 and $299,999, inventory is tighter at approximately 3.77 months. That portion of the market remains comparatively more favorable to sellers.

Below $150,000 and at $300,000 and above, inventory is higher, generally giving buyers more choices.

But price range isn’t the only factor. The competitive position of an individual property still depends on its location, condition, pricing, insurance considerations, and the homes it’s competing against.

That’s why a national headline—or even a broad Acadiana market label—doesn’t necessarily describe what’s happening with a particular property.

The October LPA Insight looks at where the Acadiana housing market stands entering fall 2026 and what the differences between price ranges mean for buyers and sellers.

Read the complete analysis at lemaireproperty.com.

Market data: August 2026 ROAM MLS data aggregated by Compass.

Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.

Facebook link for the preview:
https://www.lemaireproperty.com/insights/acadiana-housing-market-october-2026

Address

2000 Kaliste Saloom Road
Lafayette, LA
70508

Telephone

+13372339700

Website

https://www.compass.com/agents/jason-lemaire/, https://www.lemaireproperty.com/

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