The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 25th, 2016

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EAST BATON ROUGE PARISH 

Elmer Ave/Hwy 61 70807 Neighborhood

Baton Rouge, Louisiana 

The Home Buyer’s Korner

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The median real estate price in the Elmer Ave/Hwy 61 (Crestworth – Southern U and A & M College) neighborhood is $91,325, which is less expensive than almost 77 percent of all the neighborhood in the state and nearly 86 percent of all the neighborhood in the country.

The average rental price in Elmer Ave/Hwy 61 is currently $550 a month, and rents here are currently lower in price than almost 97 percent of all the neighborhoods in Louisiana. Most of the residential real estate is renter occupied.

The Elmer Ave/Hwy 61 neighborhood is a suburban neighborhood located in Baton Rouge, Louisiana, and the real estate is primarily made up of small studios and two bedroom to medium sized three or four bedroom single-family homes and other multi-family housing options like condominiums, town homes, duplexes, and apartments. Many of the residences in the Elmer Ave/Hwy 61 neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are just under 10 percent in Elmer Ave/Hwy 61 neighborhood, or near the mid range of vacancies.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its flair. Some places look the same, but they only reveal their true character after living in them for a while and why it’s important to learn all you can about the neighborhood you plan to call home.

Nearly 37 percent of the residents in the Elmer Ave/Hwy 61 neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Elmer Ave/Hwy 61 neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. 

Your future neighbors in the Elmer Ave/Hwy 61 neighborhood of Baton Rouge earn modest incomes, and this neighborhood has an income lower than 93 percent of all the neighborhoods in America.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Elmer Ave/Hwy 61 neighborhood, nearly 33 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with almost 30 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at about 21 percent, and over 17 percent in manufacturing and laborer occupations.

Each neighborhood has its own culture derived primarily from the ancestry and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households,– and importantly, on the ethnicity and ancestry of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Elmer Ave/Hwy 61 neighborhood of Baton Rouge, Louisiana, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at almost 21 percent. There are also a number of people of French and German roots at around five percent. Some of the residents are also of Irish ancestry at nearly four percent, while one percent has Lebanese roots, among others.

The most common language spoken in the Elmer Ave/Hwy 61 neighborhood is English, spoken by nearly 99 percent of households.

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Crestworth – Southern U and A & M College

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HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

have the option to “Create A Printable PDF of the Presentation”.

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70807 Crestworth – Southern U and A & M College

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