The Home Buyer's Korner

Information presented should be used for educational purposes only.

April 13th, 2016

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EAST BATON ROUGE PARISH

Monticello 70814 Neighborhood

Baton Rouge, Louisiana 

The Home Buyer’s Korner

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The median real estate price in the Monticello (Glenbrook – Greenwell Forest – Monticello Plaza – Sarasota Place – Shamrock Gardens – Sugar Mill Ridge) neighborhood of Baton Rouge, Louisiana is just under $149,950, which is more expensive than over 58 percent of the neighborhoods in the state and 39 percent of the neighborhoods in the country.

The average rental price in then Monticello neighborhood is a few dollars shy of $875 a month, and rents here are currently lower in price than almost 55 percent of all the neighborhoods in the country. Real estate in the Monticello neighborhood is almost exclusively owner-occupied, and this neighborhood has a higher rate of owner-occupied housing than is found in over 95 percent of all neighborhoods in the country. The Monticello (Glenbrook – Monticello Plaza – Shamrock Gardens – Sugar Mill Ridge) neighborhood is simply a great option for families, with its high rate of owner-occupied single family homes and other families also living here, which makes it easy to socialize and develop a sense of community. 

High rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of less than one percent, the Monticello neighborhood has a lower vacancy rate than over 96 percent of neighborhoods in the country, and a very elite group. Such a low vacancy rate indicates very strong real estate demand in the neighborhood, combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons. 

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. 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. 

Monticello is a suburban neighborhood located in Baton Rouge, Louisiana, and real estate is primarily made up of medium sized three and four bedroom to large four, five or more bedroom single-family homes.  

Many of the residences in the Monticello neighborhood are well-established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Your future neighbors in the Monticello neighborhood in Baton Rouge earn upper middle class incomes, and this neighborhood has a higher income than nearly two thirds of the neighborhoods in the country. 

In the Monticello neighborhood, over 31 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with nearly 24 percent of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants at more than 23 percent, and over 22 percent in manufacturing and laborer occupations.

Culture is the shared learning behavior of peoples. Undeniably, different ethnicity and ancestry have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or other ethnicity or ancestry will express those cultures.

In the Monticello neighborhood of Baton Rouge, Louisiana, residents most commonly identify their ethnicity or ancestry as African-American or Black at over three percent, and residents who report Asian, French or Irish roots at around two percent, among others.

The most common language spoken in the Monticello neighborhood is English, spoken by nearly 96 percent of households.

VISIT OUR EAST BATON ROUGE PARISH “HOMES FOR SALE” BOARDS

Livingston Homes for Sale

Glenbrook – Greenwell Forest – Monticello Plaza

Sarasota Place – Shamrock Gardens – Sugar Mill Ridge

FIND HOMES THROUGHOUT EAST BATON ROUGE PARISH LOUISIANA

HUD HOMES FOR SALE IN EAST BATON ROUGE PARISH LA

USDA RURAL DEVELOPMENT HOMES FOR SALE IN EAST BATON ROUGE PARISH LA

FIND FORECLOSURES IN EAST BATON ROUGE PARISH LA

FIND MORE FORECLOSURES IN EAST BATON ROUGE PARISH LA

LOUISIANA 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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70814 Glenbrook – Greenwell Forest – Monticello Plaza – Shamrock Gardens – Sugar Mill Ridge

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