The Home Buyer's Korner

Information presented should be used for educational purposes only.

October 2nd, 2016

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EAST BATON ROUGE PARISH

W Lakeshore Dr/W Lake Shore Dr  70808 Neighborhood

Baton Rouge, Louisiana

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

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The median real estate price in the W Lake Shore Dr/W Lakeshore Dr (University Crossing Condominiums – University Crossroads – University Gardens) neighborhood of Baton Rouge, Louisiana is $222,850, which is more expensive than almost 85 percent of the neighborhoods in the state and nearly 63 percent of the neighborhoods in the country.

The average rental price in the W Lake Shore Dr/W Lakeshore Dr neighborhood is currently $800 a month, and rents here are currently lower in price than over 64 percent of the neighborhoods in Louisiana. Renter-occupied real estate is dominant in the W Lake Shore Dr/W Lakeshore Dr neighborhood and the percentage of rental real estate here, is over 98 percent. 

Furthermore, one of the really unique and interesting things about the look and setting of the W Lake Shore Dr/W Lakeshore Dr neighborhood is that it is almost entirely dominated by multi-family housing options, one to four family housing unit and apartment complexes, with over 69 percent of the residential real estate here is classified as such. 

W Lake Shore Dr/W Lakeshore Dr area is an urban neighborhood located in Baton Rouge, Louisiana, and residential 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 options like condominiums, duplexes,  town homes, and apartments.

Many of the residences in the W Lake Shore Dr/W Lakeshore Dr neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were built between 1970 and 1999.

Vacant homes and apartments are a fact of life in W Lake Shore Dr/W Lakeshore Dr neighborhood, and the current real estate vacancy rate here is over 34 percent. To learn more about this neighborhood vacancy rate and its effect on your home buying or selling options, consult your real estate agent.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular flair, and why it’s important to learn all you can about the neighborhood you plan to call home.

An extraordinary 90 percent of the residents of the W Lake Shore Dr/W Lakeshore Dr 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.

The W Lake Shore Dr/W Lakeshore Dr neighborhood stands out for its college student friendly environment, and this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. While it’s not an environment for everyone, ambitious scholars can enjoy the seasonal excitement between semesters and school breaks.

In the W Lake Shore Dr/W Lakeshore Dr neighborhood, a greater proportion of the residents living here today did not live here five years ago, and this neighborhood, more than almost any other in America, has new residents from other areas.

In the W Lake Shore Dr/W Lakeshore Dr neighborhood, walking to work or class is a real option for many. In fact, walking to and from work or class is the chosen way to commute for nearly 52 percent of residents here. 

Your future neighbors in the W Lake Shore Dr/W Lakeshore Dr neighborhood in Baton Rouge earn modest incomes, and this neighborhood has an income lower than over 96 percent of all the neighborhoods in the country. 

In the W Lake Shore Dr/W Lakeshore Dr neighborhood, over 35 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 executive, management, and professional occupations, with 34 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 24 percent, and nearly seven percent in manufacturing and laborer occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand. Places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture.

In the W Lake Shore Dr/W Lakeshore Dr neighborhood of Baton Rouge, LA, residents most commonly identify their ethnicity or ancestry as German at 26 percent. There are also a number of people of French ancestry at over 20 percent, and residents who report Irish roots at more than 17 percent. Some of the residents are also of Italian ancestry at almost 15 percent, along with some English ancestry residents at about seven percent, while over one percent claim Lebanese ancestry, among others.

The most common language spoken in the W Lake Shore Dr/W Lakeshore Dr neighborhood is English, spoken by nearly 91 percent of households, whiles almost three percent speak Spanish, and less than one percent speak a Native American language.

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

Livingston Homes for Sale

University Crossing Condominiums – University Crossroads – University Gardens

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HUD HOMES FOR SALE IN EAST BATON ROUGE PARISH LA

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

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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.

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70808 University Crossing Condominiums – University Crossroads – University Gardens

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